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  • Verified reviews icon25
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Duckett Appraisals
5.0(
6
)
Appraisal - Real Estate

Serving Ellenton, FL and surrounding areas

Approved

In business since 2018

Free estimates

Credit card accepted

"I have worked with Richqrd several times on Appraisals in the Fort Myers and surrounding areas and he is a true professional. He takes the time at the properties to learn about the property and is always happy to talk through things. I highly recommend Richard and he is one of my preferred appraisers on our vendor list."
10 neighbors recently requested a quote
Avatar for My Florida Home Appraisal
My Florida Home Appraisal
4.5(
8
)
Appraisal - Real Estate

Serving Ellenton, FL and surrounding areas

Approved

Super Service Award Winner

In business since 2002

Free estimates

Credit card accepted

"I know a good appraiser from a bad one and I can assure anyone reading this that the 'My Florida Home Appraisal' falls into the excellent category! Having worked with Wojciech now for a couple of years I've found the quality of his work, his professionalism, his integrity, and his reliability, to be second to none. If you're in need of one of the best appraisers in the Tampa/Fort Myers/Cape Coral areas, you definitely need to give him a call! You'll be glad you did!"
Response time1 day
Response rate97%
13 neighbors recently requested a quote
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Property Appraiser questions, answered by experts

A property valuation, sometimes called a comparative market analysis or CMA, provides a real estate expert’s opinion on how much your property will sell for. It takes many things into consideration, like the condition and location of the home, but ultimately, all that matters for a property valuation is what a buyer might be willing to pay for the property. An appraisal is more concerned with determining the value. A valuation is to estimate what you’ll get for a property, while an appraisal helps a lender establish loan-to-value ratios and loan amounts.

Yes, appraisals are often used for property tax appeals, estate planning, and determining market value.

Typically during transactions or refinancing, or whenever significant improvements are made.

The differences between market value and appraised value depend on the local market, so they can match, or either one can be higher than the other. In a “seller’s market,” where there is an abundance of buyers, market value will likely sit higher than the appraised value because there’s more demand for the low inventory of homes. In a “buyer’s market,” where there are more homes than there are buyers, the market value is more likely to sit below the appraised value to entice buyers.

Some appraisers hold a Member of the Appraisal Institute designation. This accolade is the highest credential property appraisers can earn. An MAI appraisal is typically used for commercial properties.

While your lender will likely recommend an appraiser, you can also hire a professional home appraiser on your own. Choose someone who is experienced in your type of residential property, and ensure they hold all of the necessary credentials that your state or region requires.

The Ellenton, FL homeowners’ guide to property appraisals

From average costs to expert advice, get all the answers you need to get your job done.