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Accredited Appraisal Associates of N.E. Florida, Inc.
5.0(
20
)
Appraisal - Real Estate

Serving Sanderson, FL and surrounding areas

In business since 1998

Emergency services offered

"Impressive. I have had several Appraisal completed, but David Parsley at Accredited Appraisal Associates of N.E. FL, Inc. has impressed me. He's on point. His twenty-plus years of experience provided me with a detailed report (line by line) that was missed from the previous appraisers. He was prompted (not I), professional and the quality of work and experience provided (there is a difference). I will use an Accredited Appraisal Associates of N.E. FL Inc. going forward. David makes the difference."
Response time1 day
Recommended by100%of homeowners
Coy Davis Appraisal Services Inc
5.0(
1
)
Appraisal - Real Estate

Serving Sanderson, FL and surrounding areas

In business since 2007

\nCoy Davis Appraisal Services is committed to excellence in every aspect of our business. We uphold a standard of integrity bound by fairness, honesty, and personal responsibility. Our distinction is the quality of service we bring to our customers. Accurate knowledge of our trade combined with ability is what makes us true professionals. Above all, we are watchful of our customers interests and make their concerns the basis of our business.

Response rate100%
Recommended by100%of homeowners
Property Appraiser questions, answered by experts

The cost ranges from $300 to $500, depending on the property's size and location. Due to their complexity, commercial appraisals may cost more.

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.

As a seller, it might feel tempting to skip the appraisal, especially in a hot market that sees a lot of all-cash offers. While you can technically forgo it and hope for an all-cash offer, you’ll likely have a very tough time selling without an appraisal. 

In addition to protecting lenders from risk, appraisals also protect buyers’ investments. As such, it isn’t typically recommended for buyers to skip appraisals.

In cases where an appraisal comes in lower than an offer price, sellers might opt to lower their asking price to meet the appraisal, especially if the market is slow, and replacing the offer with a higher one may take a long time. Sellers can also offer to make repairs to boost the appraised value, hire another appraiser to get a second opinion, or just move on to another offer that isn’t contingent on the buyer getting a mortgage or an appraisal inspection.

Your home insurance company may allow you to use an appraisal instead of an inspection when you apply for coverage. Keep in mind that despite this, an appraisal is far less detailed than the different types of home inspections available and may not reveal potential risks that you’ll want to know about.

The Sanderson, FL homeowners’ guide to property appraisals

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