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*The Angi rating for Property Appraisal companies in Palestine, 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 Palestine, 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 13, 2026

Find Property appraisers in Palestine

Avatar for Akrivis Real Estate Valuations
Akrivis Real Estate Valuations
4.3(
75
)
Appraisal - Real Estate

Serving Palestine, IL and surrounding areas

Approved (Corporate)

In business since 2018

Credit card accepted

Offers commercial services

"This company did a great job of communicating with me. I received the appraisal quickly after the work was completed."
Restaurant
Response time5 hrs
Response rate89%
953 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 Palestine, 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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Pat Casey Appraisals
5.0(
1
)
Appraisal - Real Estate

Serving Palestine, 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

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.

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 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

Around 1-2 weeks, including inspection and reporting time for an official evaluation.

Some appraisers hold a Member of the Appraisal Institute designation. This accolade is the highest credential property appraisers can earn. An MAI appraisal is typically used for commercial properties.

While your lender will likely recommend an appraiser, you can also hire a professional home appraiser on your own. Choose someone who is experienced in your type of residential property, and ensure they hold all of the necessary credentials that your state or region requires.

The Palestine, 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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