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  • Verified reviews icon25
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Find Property appraisers in Pingree Grove

Avatar for Advanced Appraising, Ltd.
Advanced Appraising, Ltd.
4.8(
44
)
Appraisal - Real Estate

Serving Pingree Grove, IL and surrounding areas

In business since 1991

Credit card accepted

"John was great! We had hired another appraisal from someone else and after two weeks realized we were never going to hear from him again so we turned to home advisor and couldn't be happier. After explaining our situation John was more than accommodating. We received the appraisal on time and as promised. Truely a great experience."
Response time2 days
Recommended by100%of homeowners
Avatar for AnDel Appraisals
AnDel Appraisals
5.0(
5
)
Appraisal - Real Estate

Serving Pingree Grove, 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 Pingree Grove, IL and surrounding areas

In business since 2001

Free estimates

Emergency services offered

"Jeff was extremely professional and well informed. I was buying a property in Chicago, Il, however I live in California, so his help was extremely valuable during the process of purchasing. He was able to guide me and negotiate a reasonable price for my condo as well as help direct me through the Chicago buying process. He was always responsive and provided details I would never have thought of. I recommend him highly! Thank you, Jeff!"
Chicago and Burbs
Clients All Over Suburbs
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+3

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

Foundation cracks won’t always affect your appraised value. All foundations crack due to normal settlement, so hairline cracks that aren’t leaking or uneven from side to side are unlikely to have an impact on your appraisal. Structural cracks, on the other hand, often lead to a reduced appraised value, especially if the underlying problem will cause the issue to worsen over time.

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

In most cases, selling a home in as-is condition will lead to a sale price that’s somewhere between 10% and 30% lower than normal. However, it’s often worthwhile to sell at a loss because the alternative would be to pay for the repairs yourself, which could end up costing you more. Even if they didn’t, selling as-is saves you from the time and energy you’d spend coordinating the repairs.

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.

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 Pingree Grove, IL homeowners’ guide to property appraisals

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