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TRUSTED BY O FALLON, IL HOMEOWNERS

  • Average homeowner rating star icon4.3
    Average homeowner rating
  • Verified reviews icon14
    Verified property appraisals reviews

Verified Reviews for Property Appraisal pros in O Fallon, IL

*The Angi rating for Property Appraisal companies in O Fallon, 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 O Fallon, 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 October 28, 2024

Find Property appraisers in O Fallon

Avatar for Akrivis Real Estate Valuations
Akrivis Real Estate Valuations
3.9(
28
)

Serving O Fallon, 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 time2 days
2017 neighbors recently requested a quote
Recommended by16%of homeowners
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Avatar for Marketplace Housing
Marketplace Housing
4.3(
11
)

Serving O Fallon, IL and surrounding areas

In business since 2003

Free estimates

Emergency services offered

"Office staff is always available for help. No job is too small or too big. They are responsive to our needs for service requests from roofing to foundations. All aspects of home repairs have been done professionally and in a timely manner. I would recommend Marketplace Homes for all your property management needs regarding property repairs and maintenance."
Recommended by77%of homeowners
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Dagan J Hampton
5.0(
1
)

Serving O Fallon, IL and surrounding areas

In business since 2002

Dagan Hampton is one of the most respected names in the Jersey county area for home and land appraisal services. Dagan Hampton has a wide variety of clients including home buyers, sellers, investors, real estate agents, lenders, attorneys, banks, and field service companies. Dagan Hampton, offers a full menu of real estate services and will provide you with fair opinion of market value along with thorough unbiased, detailed, confidential, and professional appraisal of your property!

Response time2 days
Recommended by100%of homeowners
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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.

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.

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.

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

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

The O Fallon, 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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