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TRUSTED BY NORTHBROOK, IL HOMEOWNERS

  • Average homeowner rating star icon4.3
    Average homeowner rating
  • Verified reviews icon37
    Verified property appraisals reviews

Find Property appraisers in Northbrook

Avatar for Chicagoland Valuation Group, Inc.
Chicagoland Valuation Group, Inc.
5.0(
7
)
Appraisal - Real Estate

Serving Northbrook, 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)
10 neighbors recently requested a quote
Avatar for MJ/Johnson Appraisals
MJ/Johnson Appraisals
4.7(
360
)
Appraisal - Real Estate

Serving Northbrook, 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."
17 neighbors recently requested a quote
Recommended by83%of homeowners
Avatar for Akrivis Real Estate Valuations
Akrivis Real Estate Valuations
3.9(
28
)
Appraisal - Real Estate

Serving Northbrook, 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 time2 days
2003 neighbors recently requested a quote
Recommended by16%of homeowners
Brian Douglas Morgan Certified Appraiser
4.7(
13
)
Appraisal - Real Estate

Serving Northbrook, IL and surrounding areas

Approved

In business since 2003

Free estimates

Credit card accepted

"I called four certified home appraisers to find out their pricing and Brian Douglas Morgan called me back almost immediately quoted me a fair price and was able to schedule me within a couple of days on a Friday. Brian showed up and was professional, considerate of the carpeting and the furnishing. He took photos of everything and had the appraisal back to me over the weekend. Very happy with his service, thoroughness and professionalism."
Response time7 hrs
Response rate91%
5 neighbors recently requested a quote
Consolidated Appraisal, Inc.
5.0(
2
)
Appraisal - Real Estate

Serving Northbrook, IL and surrounding areas

Approved

In business since 1975

Free estimates

Small jobs welcome

"I was very happy with my experience with this company and the way that they handled my situation. There were some unusual issues with this appraisal that made it more complicated than the usual. It was handled professionally and in a very efficient manner and I was very pleased with how friendly and knowledgeable Don was and how he put me at ease and offered me much more advice than just the appraisal required! He is a great guy and I appreciate his expertise and his willingness to help me in the short amount of time that I had to get this done ! I would recommend him without any hesitation!"
Response time5 hrs
Response rate87%
Avatar for Book Value Appraisals
Book Value Appraisals
5.0(
1
)
Appraisal - Real Estate

Serving Northbrook, 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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Property Appraiser questions, answered by experts

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.

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.

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.

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.

The cost ranges from $300 to $500, depending on the property's size and location. Due to their complexity, commercial appraisals may cost more.

The Northbrook, IL homeowners’ guide to property appraisals

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