"M/J Johnson Appraisals did a fantastic job in appraising my property. I posted on Angi's list for an appraiser. I got several responses from local appraisers in my area. M/J Johnson Appraisals made an appointment to do the appraisal the same day. The appraisal fee was reasonable, customer service was great and I got the appraisal back in a timely manner. I would definitely hire M/J Johnson Appraisals again and highly recommend them for they are appraisal services. Ralph Smith Chicago, IL"
"Hired to do valuation of a manufactured home - not on land. Gave appraisal comparison properties included land. therefore not an accurate valuation. Thought salesperson understood nuance."
"My experience with Chicagoland valuation Group Inc was 100% satisfactory. Once I put the request on Angi I got 3 calls from different agents and Tom understand my situation and how urgent I needed this appraisal. He was so understanding and friendly and was able to get the appraisal by the time line I needed for in a matter of 24hrs. So if you need an appraisal Tom is your go to guy I 100% recommend anyone to hire him. Thank you for your business."
"The appraiser is conservative, but fair. He is able to defend his work to all interested parties and is always open for additional questions. Highly professional., highly recommended!"
Locally owned and operated real estate appraisal firm serving central and northeastern Illinois. We are experienced with all types of residential appraisals including single family units, 2-4 unit income properties, condominium, land appraisals, pre-listings, estate appraisals, bankruptcy and assessor related services, and more. Our priority is a high quality appraisal delivered in a quick turn around. Please call for availability outside of listed business hours.
My name is Michael Johnson, and I am a certified home appraiser for over thirteen years in the state of Illinois. I am also a real estate broker in the state of Illinois, for over twenty five years servicing all of your real estate need's. I would like to service you in the best and professional way possible. I do single family and up to four unit properties. Please call me at any time to set appointment.
"Lori was great! The appraisal report was very thorough. I felt the value of the home was supported with current data, and she assessed the surrounding properties to accurately determine the value without any bias."
AnDel Appraisals is one of the most reputable companies for getting a home appraisal in Chicago IL. Our team consists of licensed home appraisers with over 23 years of experience in the Chicago real estate market. We have completed thousands of home appraisal reports and maintained great relationships with every client. Moreover, we have been placed on the panel of some of the largest banks in the country. We take pride in our ability to provide same-day quotes and a quick turnaround time of 3 days. Call us today for a free quote on your next home appraisal.
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 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.
In short, yes, a pond can add to your home’s value. However, whether it adds value will depend on the condition and aesthetic of your pond. Having this feature already built into a yard’s home can be appealing to homebuyers who value its aesthetic and would prefer not to build it themselves. But if it is not kept in good condition, it could turn buyers away.
Both conventional loans and FHA loans are types of mortgages, but they have a few key differences. Conventional loans are backed by private lenders without any government backing, and FHA loans are guaranteed by a government agency. FHA loans are designed to be easier for borrowers with low credit scores or income to qualify for.
Mobile homes weigh anywhere between 45 to 50 pounds per square foot. Some newer options weigh up to 70 pounds per square foot. An average single-wide mobile home weighs 45,000 pounds, and a double-wide mobile home weighs about 70,000 pounds. Triple-wide mobile homes range from 90,000 to 100,000 pounds.
The Burnham, IL homeowners’ guide to property appraisals
From average costs to expert advice, get all the answers you need to get your job done.
Home appraisals are an important part of buying or selling a home and getting a mortgage loan. Learn more about home appraisal costs and what they include.
FHA loans are backed by the government and come with specific FHA appraisal guidelines and requirements. Learn what an FHA appraisal entails in this guide.
