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Avatar for Book Value Appraisals
Book Value Appraisals
5.0(
1
)

Serving Plano, 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
Avatar for Advanced Appraising, Ltd.
Advanced Appraising, Ltd.
4.8(
44
)

Serving Plano, 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
2 neighbors recently requested a quote
Recommended by100%of homeowners
Avatar for Absolute Appraisal & Property Consultation Services, LLC
Absolute Appraisal & Property Consultation Services, LLC
5.0(
2
)

Serving Plano, IL and surrounding areas

In business since 2008

Free estimates

Credit card accepted

"I used Absolute Appraisal and I was extremely happy with how they approached my situation. The staff was more knowledgeable than anyone else I had spoken to previously. I was very happy at their positive attitude and honesty. I would recommend them to all of my friends and family."
Response time3 hrs
Response rate100%
Recommended by50%of homeowners
Avatar for Raila & Associates PC
Raila & Associates PC
4.5(
13
)

Serving Plano, 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
Kwolf Consulting, Inc.
5.0(
1
)

Serving Plano, IL and surrounding areas

In business since 1981

Credit card accepted

"I hired Kwolf Consulting for an appraisal on my own home. He did five area comparisons and provided a very detailed report on my home and in comparison to the other homes listed in the report. This gave me a great "peace of mind" knowing exactly where I stand at this moment. If I am not mistaken, Keith has achieved a Senior Real Estate Appraiser status, something that is not granted without special training, education and years of experience. Based on my experience with his high quality and professional service, I highly recommend him to others."
Response time1 day
Response rate86%
Recommended by100%of homeowners
Showing 1-10 of 19
Property Appraiser questions, answered by experts

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.

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 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.

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

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 Plano, IL homeowners’ guide to property appraisals

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