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South Shore Valuation
2.7(
1
)
Appraisal - Real Estate

Serving Lowell, IN and surrounding areas

In business since 2013

Free estimates

As licensed appraisers, we have the comprehensive training and credentials to provide the level of credible property value opinions. With years of experience that only comes with doing the job, we're prepared to help our clients with practically any type of real estate. If you need an appraisal for any of the following reasons, give us a call today!\n\n-Asset division for situations, like a divorce\n-Deciding on a listing price for your property\n-Tax Challenges. Reducing property taxes if you live in an area where house prices have declined\nDetermining market value on real estate related to a bankruptcy\n-Figuring out the value of home improvements you may have done or are deliberating\n-Retrospective appraisals

Frank Trapane & Associates
5.0(
1
)
Appraisal - Real Estate

Serving Lowell, IN and surrounding areas

In business since 2010

Free estimates

Frank Trapane & Associates brings an unmatched commitment to excellence to your Home Appraisals. We have over 10 years experience delivering unsurpassed professionalism, expertise, and value. We take pride in providing our customers with personalized customer service, the highest industry standards, and top quality workmanship. References available upon request. Give us a call today!

Response time10 mins
Recommended by100%of homeowners
Thomas Eiler
New to Angi
Appraisal - Real Estate

Serving Lowell, IN and surrounding areas

In business since 1993

Thomas Eiler, is one of the most respected names in the Michigan City area for home and land appraisal services.Thomas Eiler, has a wide variety of clients including home buyers, sellers, investors, real estate agents, lenders, attorneys, banks, and field service companies. Thomas Eiler, offers a full menu of real estate services and will provide you with a thorough unbiased, detailed, confidential, and professional appraisal of your property! Call me today as I look forward to working you. Tom

Response time1 day
Response rate100%
Property Appraiser questions, answered by experts

Appraisals are not mandatory but are helpful for pricing accuracy and negotiation purposes.

A property valuation, sometimes called a comparative market analysis or CMA, provides a real estate expert’s opinion on how much your property will sell for. It takes many things into consideration, like the condition and location of the home, but ultimately, all that matters for a property valuation is what a buyer might be willing to pay for the property. An appraisal is more concerned with determining the value. A valuation is to estimate what you’ll get for a property, while an appraisal helps a lender establish loan-to-value ratios and loan amounts.

Both conventional loans and FHA loans are types of mortgages, but they have a few key differences. Conventional loans are backed by private lenders without any government backing, and FHA loans are guaranteed by a government agency. FHA loans are designed to be easier for borrowers with low credit scores or income to qualify for.

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.

In most cases, you can expect home automation to boost your home value. This technology makes the homeowner’s life easier and more comfortable, and some provide increased safety and protection. Buyers will likely recognize value in security systems and utility monitors, as well as comfort-focused upgrades that save on electric bills while keeping interior rooms at the desired temperature and humidity. On average, you can expect a 50% and 75% return on investment on home automation services, and potentially even more if the automation reduces homeowner’s insurance.

The Lowell, IN homeowners’ guide to property appraisals

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