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Avatar for Watson Appraisals, LLC
Watson Appraisals, LLC
4.4(
36
)
Appraisal - Real Estate

Serving Floyds Knobs, IN and surrounding areas

Approved

In business since 2003

Free estimates

Credit card accepted

"He did all he could do. The house next door with a higher appraisal was never listed in MILS. Had to dig deeper and get that information to Mr Watson."
Response time2 days
15 neighbors recently requested a quote
Recommended by91%of homeowners
The Mardis Group
New to Angi
Appraisal - Real Estate

Serving Floyds Knobs, IN and surrounding areas

In business since 2004

Free estimates

With over 15 years of experience helping both homeowners and lenders, I can help with any appraisal services you may require! Whether it is insurance, property tax, settlements, or real estate, I make it as easy as possible for the homeowner. For a knowledgeable, quick and easy service, done right the first time, please call today! I can not wait to add you to the family of satisfied consumers!

Response time1 day
Avatar for Big Red Team / Keller Williams Realty
Big Red Team / Keller Williams Realty
New to Angi
Appraisal - Real Estate

Serving Floyds Knobs, IN and surrounding areas

In business since 2002

Free estimates

The Big Red Team is an award-winning real estate team with a combined 20 years of real estate experience. Our focus is communities within the greater Southern Indiana area. We are proud to call this area our home! Are you ready to sell your home or in the market to find another home? Let our team assist you! This is about more than real estate. It’s about your life and your dreams.

Property Appraiser questions, answered by experts

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

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.

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.

Your home insurance company may allow you to use an appraisal instead of an inspection when you apply for coverage. Keep in mind that despite this, an appraisal is far less detailed than the different types of home inspections available and may not reveal potential risks that you’ll want to know about.

Yes, home appraisers look at your windows when appraising your property to determine the market value of your home. They’ll factor in the type of windows, quality, condition, whether or not there are screens covering the windows, frame materials, size, insulation, and more to come up with an unbiased property assessment.

The Floyds Knobs, IN homeowners’ guide to property appraisals

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