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Avatar for Florida Appraisal Service, LLC
Florida Appraisal Service, LLC
5.0(
3
)
Appraisal - Real Estate

Serving Viera, FL and surrounding areas

Approved

Super Service Award Winner

In business since 2020

Free estimates

Offers commercial services

"We recently worked with appraiser Andrew on a property we have listed in Vero Beach, and the experience was excellent. Communication was prompt, clear, and to the point, with any questions addressed quickly and professionally. Andrew was a pleasure to work with and delivered the report on time, if not earlier. Great job, and thank you!"
Attic Inspection
Sketch to ANSI
Interior & Exterior Inspection
Response time7 hrs
6 neighbors recently requested a quote
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Property Appraiser questions, answered by experts

Yes, experienced appraisers handle a variety of property types with tailored methods.

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.

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

Depending on the size of the home, the appraisal itself can take several hours. After the appraiser’s visit is complete, it can take between a few days and a few weeks to get the report back. This timeline is largely dependent on the appraiser’s workload, research requirements, efficiency, and other factors.

Appraisals are not mandatory but are helpful for pricing accuracy and negotiation purposes.

The Viera, FL homeowners’ guide to property appraisals

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