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Avatar for Power Appraisers LLC
Power Appraisers LLC
4.6(
23
)
Appraisal - Real Estate

Serving Pierson, FL and surrounding areas

Approved

In business since 2015

Free estimates

Credit card accepted

"Clayton was incredibly professional and helpful. We had a previous appraisal done to sell our home and it didn’t sit right with us; we hired Clayton to verify if it was spot on or quite off. Clayton did a professional and accurate appraisal on our home which led to us requesting a new appraisal through the bank and now we are working on closing. He explained what parameters the bank would be looking for and how things are calculated for our own peace of mind. He was wonderful to work with, courteous, and punctual. We highly recommend Clayton to anyone looking for an appraisal for any reason."
Response time7 hrs
Response rate95%
30 neighbors recently requested a quote
McCall Appraisal Company
4.4(
11
)
Appraisal - Real Estate

Serving Pierson, FL and surrounding areas

Approved

In business since 2007

Customers say: Quality work

"Bob McCall went above and beyond during the Christmas Holidays to prepare two (2) appraisals and reports that were on a very short deadline. Mr. McCall is an asset to his profession and to our community. I appreciate Bob's courtesies and willingness to help us at a time when others were getting ready for and celebrating Christmas. Thank you, again, Bob. Clara T."
Response time2 days
Recommended by80%of homeowners
Avatar for Bryan Appraisal Service, LLC
Bryan Appraisal Service, LLC
4.9(
7
)
Appraisal - Real Estate

Serving Pierson, FL and surrounding areas

In business since 1991

Free estimates

Credit card accepted

"Brian was very responsive. Always answered the phone and was very friendly & professional. Very kind and detail oriented. Did a great job in the evaluation of the property I am in escrow now. Thanks to his excellent work ethic, Iâ m very happy to get the condo in less price that he appraised it for, so Iâ m very grateful to his detail work that he provided with inside/ outside pictures that I was very impressed with! Great professional person & very reasonable price compare to others!"
Grand Coquina, Daytona Beach
Ormond Beach home
Response time2 days
Recommended by100%of homeowners
Avatar for Ashley Ryan Flooring Solutions LLC
Ashley Ryan Flooring Solutions LLC
4.8(
105
)
Appraisal - Real Estate

Serving Pierson, FL and surrounding areas

In business since 2002

Credit card accepted

"Greg promptly returned my call. He came to my home the following day to complete an estimate. The estimate was emailed to me that evening. He had an opening the following week. Greg and Eric preformed all the work on my home. They were both very professional. My husband was out of the country on business, yet I felt very comfortable with these two gentlemen. I couldn't believe how quickly they completed my floors. I will recommend them to everyone."
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Recommended by98%of homeowners
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Property Appraiser questions, answered by experts

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.

Ideally, you’d never pay more than the appraised value for a home, but there are some instances where it makes sense to do so. For example, if your current living arrangements are no longer viable and you need a place to move into quickly, paying more than the appraised value might be in your best interest to secure a new home. Additionally, if you’re buying in a hot market, overpaying for the home might be necessary to overcome the competition.

Costs depend on the property size, audit complexity, and whether additional testing (e.g., blower door) is included.

The cost to appraise a home depends on the type. Common types include:

  • Single-family homes: $300–$400

  • FHA or VA single-family homes: $400–$500

  • Condominium: $300–$500

  • Multi-family home: $500–$1,000

  • Apartment building: $1,500–$3,000

  • Commercial properties: $1,400–$10,000

  • Raw land: $1,000–$8,000

While there’s technically no limit to the dollar amount you can borrow for a home addition, the standard limit is around 80% of the value the addition is expected to add to your home. That means you could feasibly borrow up to $80,000 if an appraiser determines that the addition or bump out will add $100,000 in value to your property. You might also be limited by your debt-to-income ratio or credit score.

The Pierson, FL homeowners’ guide to property appraisals

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