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Thomas Appraising
4.0(
5
)

Serving Greenleaf, ID and surrounding areas

In business since 2002

Emergency services offered

I can appraise anything that moves or can be moved. I can travel short or long distances,\n I have never been 2nd guessed or questioned on an appraisal. I have been doing appraisals\n for 12yrs. I can appraise at you location or I have done them at auctions or at business locations.\n Everyone that has purchased my services have been very satisfied and have told friends and \n neighbors about me. I do time wise appraisals but thorough, prices for appraisals is based on item or items to be appraised I am very efficient and thorough. I ask for a small % up front (good faith money by the client) and the rest when appraisal is complete and the client is satisfied with the results or payments can be worked out before appraisal is started as agreed to by both parties.\n I am available 24/7 by cell or landline phone or e-mail.

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+10

Recommended by100%of homeowners
Avatar for Marketplace Housing
Marketplace Housing
4.3(
11
)

Serving Greenleaf, ID and surrounding areas

In business since 2003

Free estimates

Emergency services offered

"Office staff is always available for help. No job is too small or too big. They are responsive to our needs for service requests from roofing to foundations. All aspects of home repairs have been done professionally and in a timely manner. I would recommend Marketplace Homes for all your property management needs regarding property repairs and maintenance."
Recommended by77%of homeowners
Avatar for Spencer Shumway
Spencer Shumway
4.9(
4
)

Serving Greenleaf, ID and surrounding areas

In business since 2020

Free estimates

Credit card accepted

"I give Spencer Shumway my highest recomendation. The work was thorough, quick and reasonably priced. I was so impressed with his work on my appraisal that I asked him if he would consider handling the sale of my home."
Response time8 hrs
Recommended by100%of homeowners
Avatar for Metro Appraisals
Metro Appraisals
3.9(
4
)

Serving Greenleaf, ID and surrounding areas

In business since 1992

Whether it is a starter home, or luxurious new construction, our knowledge of local neighborhoods and formal training as appraisers makes us qualified to provide independent and unbiased home valuations in Ada County and Canyon County. Metro Appraisals, has clients ranging from national mortgage companies to local lenders or individual businesses and consumers. \n\nADVISORY: Based on current financial regulations, lenders require their own appraisal and insist on owning the entire appraisal process. If you are looking at getting an appraisal to take to your chosen lender to meet your financing needs, please confer with them before proceeding.

Response time7 hrs
Recommended by100%of homeowners
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Property Appraiser questions, answered by experts

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 ranges from $300 to $500, depending on the property's size and location. Due to their complexity, commercial appraisals may cost more.

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

While a finished basement adds value to your home, it is assigned a different value than space on the main floors. An appraiser will assess the square footage of a finished basement at about 50% to 60% of the value of the square footage for the rest of your home. Appraisal value for a finished basement depends on your location’s real estate market and the specifics of the basement and how it was finished. 

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.

The Greenleaf, ID homeowners’ guide to property appraisals

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