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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 MJ/Johnson Appraisals
MJ/Johnson Appraisals
4.7(
362
)
Appraisal - Real Estate

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
18 neighbors recently requested a quote
Recommended by82%of homeowners
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Avatar for Chicagoland Valuation Group, Inc.
Chicagoland Valuation Group, Inc.
5.0(
7
)
Appraisal - Real Estate

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 Akrivis Real Estate Valuations
Akrivis Real Estate Valuations
3.9(
30
)
Appraisal - Real Estate

Serving Chicago, IL and surrounding areas

Approved (Corporate)

In business since 2018

Credit card accepted

Offers commercial services

"I was looking to defend myself in a divorce. This appraisal helps me to pay less."
Restaurant
Response time5 hrs
Response rate89%
1995 neighbors recently requested a quote
Request Quote
Avatar for Book Value Appraisals
Book Value Appraisals
5.0(
1
)
Appraisal - Real Estate

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
)
Appraisal - Real Estate

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
Request Quote
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Property Appraiser questions, answered by experts

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.

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.

Costs depend on the property size, audit complexity, and whether additional testing (e.g., blower door) is included.

Your home insurance company may allow you to use an appraisal instead of an inspection when you apply for coverage. Keep in mind that despite this, an appraisal is far less detailed than the different types of home inspections available and may not reveal potential risks that you’ll want to know about.

Around 1-2 weeks, including inspection and reporting time for an official evaluation.

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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