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Verified Reviews for Property Appraisal pros in Davis, IL

*The Angi rating for Property Appraisal companies in Davis, 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 Davis, 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 May 26, 2024

Find Property appraisers in Davis

Avatar for Akrivis Real Estate Valuations
Akrivis Real Estate Valuations
4.3(
53
)
Appraisal - Real Estate

Serving Davis, IL and surrounding areas

Approved (Corporate)

In business since 2018

Credit card accepted

Offers commercial services

"They were professional, friendly, quick with results and the appraiser showed up on time."
Restaurant
Response time5 hrs
Response rate89%
1413 neighbors recently requested a quote
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Avatar for Showcase Regional Housing LLC
Showcase Regional Housing LLC
5.0(
3
)
Appraisal - Real Estate

Serving Davis, IL and surrounding areas

In business since 2009

Free estimates

Credit card accepted

"The process started out strenuous but ended up being a breeze once I hired Showcase Regional Housing to do the all the tedious work."
Recommended by100%of homeowners
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Thomas Real Estate Appraisal Consultants
New to Angi
Appraisal - Real Estate

Serving Davis, IL and surrounding areas

In business since 1990

Free estimates

At Thomas Real Estate Appraisal Consultants I have over 40 years of residential & commercial appraisal experience and have preformed all kinds of non-lender services. Ex Estate, Divorce, Tax, and Personal, I pride myself as being very service minded and detail orientated which sets me apart from the rest. I look forward to earning your business! Note: New Mortgages require your Lender to order the appraisal.

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Property Appraiser questions, answered by experts

Yes, appraisals are often used for property tax appeals, estate planning, and determining market value.

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. 

Basement bedrooms can count toward your room count and the square footage of your home on an appraisal if they’re fully legal, which means they have proper ventilation and points of egress, as defined by your local building code. Simply partitioning off a space for a bedroom in an otherwise unfinished basement that isn’t a legal living space won’t affect your appraisal value.

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.

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 Davis, IL homeowners’ guide to property appraisals

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