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Avatar for Norris Appraisals, LLC
Norris Appraisals, LLC
5.0(
1
)
Appraisal - Real Estate

Serving Berne, IN and surrounding areas

Approved

In business since 2016

Free estimates

Customers say: Quick response

"Luke is an extremely knowledgeable individual when it comes to appraisals. He kept us informed in reference to his process and plans and made us feel comfortable in a process that was unfamiliar to us."
Response time12 hrs
Recommended by100%of homeowners
Butler Appraisal Service, Inc.
New to Angi
Appraisal - Real Estate

Serving Berne, IN and surrounding areas

Approved

In business since 2004

With over 14 years of experience in the appraisal industry, we are the experts you need to take care of your home or business. We handle everything from General Appraisals to Real estate Appraisals, Estate Appraisals, Divorce Appraisals, Tax Appeal Appraisals. We will treat your home as we would treat our own. Give Butler Appraisal Service, Inc., a call today, we look forward to working with you!

Response time50 mins
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.

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.

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 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

Whether a scullery is worth it depends on how much you like to cook and entertain. If you frequently host gatherings—a scullery is likely worth the money. If you’re looking for ROI, it’s not so clear. It may not add significant value to your home, as it doesn’t increase square footage and may repurpose space that a buyer would have preferred to remain as-is (like a laundry room). 

The Berne, IN homeowners’ guide to property appraisals

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