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Steenhoek Appraisal, Inc.
4.0(
3
)
Appraisal - Real Estate

Serving Runnells, IA and surrounding areas

In business since 2004

As licensed appraisers, we have the comprehensive training and credentials to provide the level of credible property value opinions. With years of experience that only comes with doing the job, we are prepared to help our clients with practically any type of real estate. If you need an appraisal for any of the following reasons, give us a call today!\n*Asset Valuation for Estate/Probate inventory/settlement\n*Asset division for situations like a divorce\n*Deciding on a listing price for your property\n*Tax Challenges (reducing property taxes) if you live in an area where house prices have declined\n*Determining market value on real estate related to a bankruptcy\n*Figuring out the value of home improvements you may have done or are deliberating\n*Retrospective appraisals\n

Recommended by100%of homeowners
Real Property Appraisals, P.C.
New to Angi
Appraisal - Real Estate

Serving Runnells, IA and surrounding areas

In business since 1982

Free estimates

Credit card accepted

At Real Property Appraisals, P.C., we take great pride in our experience, expertise, quality and customer service that we provide to meet the customers' needs. It is our mission to provide excellent workmanship and complete customer satisfaction from start to completion of a project. In order to understand the needs and expectations of our customers, we take great care to work and communicate with every customer in a professional manner. Our reputation is based on service, safety and quality, regardless of how large or small the job. How can we help you?

Response time3 hrs
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.

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.

Appraisals can come in above or below the list price or offer price for a property, and where it falls depends on many factors. Those include the condition of the property, the location, and the age of the home, but often, the condition of the market is the biggest determining factor. Where demand is high for properties, buyers compete with each other for homes, which tends to drive up offer prices above where appraisals come in. Where demand is low, you’ll often see the opposite happening.

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.

The Runnells, IA homeowners’ guide to property appraisals

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