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Gregory James CO
5.0(
1
)
Appraisal - Real Estate

Serving Lindale, GA and surrounding areas

In business since 1984

Free estimates

Credit card accepted

"The appraisal was done professionally, efficiently and timely. Greg Shelley, who did the appraisal for our property was easy to work with, thorough and very helpful. He was easily contacted for follow-up questions and quickly responded to my inquiries. I highly recommend Greg Shelley and his company Gregory James CO."
Response time9 hrs
Recommended by100%of homeowners
Avatar for REESE & SMALLWOOD REAL ESTATE
REESE & SMALLWOOD REAL ESTATE
5.0(
1
)
Appraisal - Real Estate

Serving Lindale, GA and surrounding areas

In business since 1990

Help clients to sell and buy residential and commercial real estate. I am experienced in foreclosure sales and marketing. I am also experienced in short sale process I have been a full time realtor since 2004.

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

Ensure the property is clean, provide access to all areas, and supply relevant documents, such as recent upgrades or tax records.

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.

The condition and appearance of your yard can affect your home appraisal value. A well-maintained, attractive yard with curb appeal adds to a property’s value, while an overgrown, messy, poorly maintained yard can hurt your home’s appraisal. Even small cosmetic improvements to your yard, like adding mulch, trimming trees, and cleaning out plant beds, can help your appraisal value.

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

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 Lindale, GA homeowners’ guide to property appraisals

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