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Avatar for Arlyle Realty, Inc and Property Inspections
Arlyle Realty, Inc and Property Inspections
5.0(
7
)
Appraisal - Real Estate

Serving Lula, GA and surrounding areas

In business since 1985

Free estimates

Emergency services offered

Arlyle Realty, Inc. & Property Inspections is a small family owned Real Estate and Property Inspection Company that has been in business since 1985. We pride our selves on service to our clients and honest work. We would love to put our experience and knowledge to work for you whether it is in the real estate world , or Property Inspection. We will provide a Job well done in a timely manner.

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Recommended by100%of homeowners
The Appraiser
4.0(
1
)
Appraisal - Real Estate

Serving Lula, GA and surrounding areas

In business since 1985

Free estimates

Are you are buying a home with the owner carrying back the paper (owner financing)? It is well worth the cost to hire an appraiser to make sure you don't pay more than it is worth. For your protection, many real estate agents will write in a purchase agreement, "this contract is contingent upon the property appraising for the sales price." What about those online appraisals where you enter the address and it tells you what the house is worth? Don't be fooled by those websites! Call The Appraiser today to get a fair and unbiased evaluation on your property!

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

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

Ensures accurate valuation reflecting current market conditions, assisting in financial decisions.

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.

While some aspects of an appraisal, such as comparable properties nearby, are out of your control, there are several steps you can take to potentially increase your home's value. Make any necessary repairs and upgrades before the appraiser's visit, as they can only value what is currently part of the home, not its potential. Examples include renovating older areas, updating landscaping to boost curb appeal, and staging your home. You can also provide the appraiser with the cost of recent upgrades, which may increase your home's value by about 50% or more of what you paid for those improvements.

The average cost for a home or property appraisal is about $355, with prices typically ranging from $250 to $500. The final cost is influenced by several factors, including the property's size, age, location, and how it compares to other homes in the area. Appraisals for larger, older, or non-conforming properties often cost more. While a single-family home appraisal usually costs between $300 and $400, appraising a multi-family home can range from $500 to $1,000 due to its increased size and complexity.

The Lula, GA homeowners’ guide to property appraisals

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