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Verified Reviews for Property Appraisal pros in Olney, IL

*The Angi rating for Property Appraisal companies in Olney, 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 Olney, 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 27, 2026

Find Property appraisers in Olney

Avatar for Akrivis Real Estate Valuations
Akrivis Real Estate Valuations
4.1(
36
)

Serving Olney, 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%
1974 neighbors recently requested a quote
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Avatar for Raila & Associates PC
Raila & Associates PC
4.5(
13
)

Serving Olney, IL and surrounding areas

In business since 2013

Free estimates

Credit card accepted

"

I have used her service numerous times to have my assessment appealed on my house. The tax saved for 3 years of the assessment cycle with the second installment of my 2014 real estate tax bill is $2557.59. They are very professional and would recommend them to reduce your taxes. My brother who owns two apartment buildings also has used their services. Angie's List had a $50.00 coupon off of their services which reduced my fee to $291.04.


"
Affordable and Client-Friendly -- You Pay Only if Raila & Associates, P.C. is successful in winning tax relief.
Serving owners, taxpayers, property managers and developers of real estate in Chicago and Northern Illinois.
Raila & Associates, P.C., an Illinois law firm, has thousands of satisfied clients. THIS IS LEGAL SERVICES ADVERTISING.
Paula Raila, J.D., President
Thomas Thorson, J.D., Associate Counsel

+2

Recommended by83%of homeowners
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Pat Casey Appraisals
5.0(
1
)

Serving Olney, IL and surrounding areas

In business since 2021

Free estimates

We pride our company on reliability, great communication, integrity, and quality work. We believe in giving our absolute best in all of our projects, no matter how big or small. You will find us to be competitively priced, with close attention to the details of each and every project. We are experts in our trade and will always keep you educated on your particular task or project. We look forward to earning your business, so please ask us for references.\n

Response time5 hrs
Recommended by100%of homeowners
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Property Appraiser questions, answered by experts

The purpose of the home appraisal determines which party pays for it. You’re generally responsible for the cost if you need to know the current value of your home to refinance your mortgage, though in some instances the lender will pay for it. The buyer pays for the appraisal when they are applying for their mortgage.

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.

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.

Land doesn’t depreciate in the same way that a house, vehicle, or other property does, but it can lose value based on various factors. Environmental changes, nearby development, zoning changes, and economic downturns can all cause land to lose value over time. Value is a comparative figure, so as other related factors change, so can land’s value.

The entire appraisal process takes from seven to 10 days. This timeline accounts for the many steps of the appraisal process, including the post-inspection report completed by the appraiser.

Home appraisal services include the following tasks:

  • Inspect home interior and exterior

  • Evaluate materials, features, fixtures, and renovations

  • Review comparable properties

  • Write an appraisal report

The Olney, 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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