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Avatar for Lincoln Appraisal Group
Lincoln Appraisal Group
4.3(
2
)

Serving Patterson, GA and surrounding areas

In business since 2008

Free estimates

Credit card accepted

With over 10 years of experience helping both homeowners and lenders, I can help with any house or land appraisal you may require! Whether it is insurance, property tax, settlements, buying a house and/or land, selling a house and or land or just wanting to know how much your property is worth, I make it as easy as possible for the homeowner. For a knowledgeable, quick and easy real estate property appraisal done right, please call today!! I can not wait to hear from you! Please CALL our office at 229-467-9744 to schedule an appointment. \n\n

Response time5 days
Recommended by100%of homeowners
Property Appraiser questions, answered by experts

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.

An FHA appraisal is valid for 180 days from the effective date of the report. In some cases, you can have the appraisal recertified if you make your request before the original expires so that you still may obtain an FHA loan. If approved, your appraisal update is valid for one year.

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.

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 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 Patterson, GA homeowners’ guide to property appraisals

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