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  • Verified reviews icon30
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Find Property appraisers in Gilberts

Avatar for AnDel Appraisals
AnDel Appraisals
5.0(
5
)
Appraisal - Real Estate

Serving Gilberts, IL and surrounding areas

In business since 2014

Free estimates

Emergency services offered

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.

Response time10 hrs
Response rate85%
Avatar for Jeff Kropp-The Home Buyer Agents
Jeff Kropp-The Home Buyer Agents
4.7(
43
)
Appraisal - Real Estate

Serving Gilberts, IL and surrounding areas

In business since 2001

Free estimates

Emergency services offered

"Jeff quickly got me pre-approved for a mortgage so I could target a price range. He recommended Chicago neighborhoods based on my budget and transportation needs. We worked together to identify potential houses online and then found a few that deserved a closer look. He arranged a day and time to tour the houses and met me at each location. As we looked at the properties he was able to point out signs of water damage and other attributes that a buyer would want to be aware of. Within weeks I found a house in my price range that exceeded my expectations. He negotiated a good price for me and was even able to recommend a home inspector and lawyer. Jeff walked me through every step of the process, was quick to answer my e-mail messages and was professional in all respects."
Chicago and Burbs
Clients All Over Suburbs
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+3

Recommended by100%of homeowners
Avatar for Fundamental Property Management
Fundamental Property Management
4.3(
37
)
Appraisal - Real Estate

Serving Gilberts, IL and surrounding areas

In business since 2006

Free estimates

Emergency services offered

"We rented from Fundamental Property Management two years ago and could not be happier with the level of responsiveness and professionalism we have received. When we were moving in we asked if additional cleaning could be done, I simply wasn’t satisfied with the previous tenants attempt, and they immediately jumped into action. When the dishwasher broke we had an instant response from the company and waited the normal amount of time for a replacement. They purchased a quality unit which to me says they care about the longevity of their appliances and care for the needs of their tenants. Thank you Fundamenal Property Management for your care and time with our needs!"
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+3

Recommended by80%of homeowners
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Property Appraiser questions, answered by experts

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. 

If you can’t find any records online, you’ll need to contact your county clerk’s office to do further research. They should have property records on file, or can at least point you in the right direction of who to contact. You can also speak with your neighbors about when their houses were built because they were likely built around the same time.

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.

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

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 Gilberts, IL homeowners’ guide to property appraisals

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