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TRUSTED BY CHICAGO, IL HOMEOWNERS

  • Average homeowner rating star icon4.8
    Average homeowner rating
  • Verified reviews icon28
    Verified property appraisals reviews

Verified Reviews for Property Appraisal pros in Chicago, IL

*The Angi rating for Property Appraisal companies in Chicago, IL is a rating based on verified reviews from our community of homeowners who have used these pros to meet their Property Appraisal needs.

*The HomeAdvisor rating for Property Appraisal companies in Chicago, IL is a rating based on verified reviews from our community of homeowners who have used these pros to meet their Property Appraisal needs.

Last update on January 15, 2024

Find Property appraisers in Chicago

Avatar for Chicagoland Valuation Group, Inc.
Chicagoland Valuation Group, Inc.
5.0(
7
)

Serving Chicago, IL and surrounding areas

Approved

In business since 1997

Free estimates

Credit card accepted

"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."
Chicago (Wicker Park)
Response time7 hrs
Response rate100%
10 neighbors recently requested a quote
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Avatar for MJ/Johnson Appraisals
MJ/Johnson Appraisals
4.7(
360
)

Serving Chicago, IL and surrounding areas

Approved

Super Service Award Winner

In business since 2005

Customers say: True professional

"I was very pleased with Mr. Johnson's work. Mr. Johnson was punctual on the day of the appraisal. He came to my home and thoroughly inspected my property. He was very professional yet approachable. He answered all of my questions clearly. I would highly recommend this appraiser."
Response time5 hrs
17 neighbors recently requested a quote
Recommended by83%of homeowners
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Avatar for Akrivis Real Estate Valuations
Akrivis Real Estate Valuations
3.9(
30
)

Serving Chicago, IL and surrounding areas

Approved (Corporate)

In business since 2018

Credit card accepted

Offers commercial services

"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."
Restaurant
Response time5 hrs
Response rate89%
1995 neighbors recently requested a quote
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Avatar for Book Value Appraisals
Book Value Appraisals
5.0(
1
)

Serving Chicago, IL and surrounding areas

Approved

In business since 2015

Free estimates

Credit card accepted

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.

Response time12 hrs
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Avatar for Chris Moisio
Chris Moisio
5.0(
1
)

Serving Chicago, IL and surrounding areas

Approved

In business since 2001

Free estimates

Small jobs welcome

We pride our company on reliability, great communication, integrity and quality work. We are experts in our trade and will do our best to keep you as educated as we can on your particular task or project. We look forward to earning your business!

Response time2 days
12 neighbors recently requested a quote
Recommended by100%of homeowners
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Avatar for Mcneeley Appraisals, LLC
Mcneeley Appraisals, LLC
4.8(
13
)

Serving Chicago, IL and surrounding areas

In business since 2002

Free estimates

Small jobs welcome

"Tom McNeeley did an appraisal of my home for a property tax appeal before the Illinois property tax appeal aboard (PTAB) and provided expert testimony supporting his appraisal at the appeal hearing before the administrative law judge (ALJ). His appraisal was comprehensive and fair and his testimony before the ALJ was thorough and skillful. Tom was very accommodative with his time and was easy to work with. I thought his fee for the appraisal and for his expert testimony were very fair. I highly recommend using McNeeley Appraisals, particularly with respect to property tax cases."
Hinsdale Appraisal
Response time8 hrs
Response rate97%
Recommended by100%of homeowners
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Property Appraiser questions, answered by experts

If installing board and batten fixes an issue with the home, it could increase the value, but it isn’t commonly installed for that purpose. Board and batten is an aesthetic choice and, like most aesthetic choices, will do little to raise your home’s value. That being said, certain design elements can help attract more buyers, even if your home’s price won’t see a noticeable bump. 

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.

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.

They provide objective, third-party valuation, guiding fair sales or purchase prices.

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 Chicago, IL homeowners’ guide to property appraisals

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

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