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Avatar for Akrivis Real Estate Valuations
Akrivis Real Estate Valuations
4.3(
47
)
Appraisal - Real Estate

Serving Memphis, IN and surrounding areas

Approved (Corporate)

In business since 2018

Credit card accepted

Offers commercial services

"Hired to do valuation of a manufactured home - not on land. Gave appraisal comparison properties included land. therefore not an accurate valuation. Thought salesperson understood nuance."
Restaurant
Response time5 hrs
Response rate89%
1499 neighbors recently requested a quote
The Mardis Group
New to Angi
Appraisal - Real Estate

Serving Memphis, 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 Memphis, 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

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.

Ideally, you’d never pay more than the appraised value for a home, but there are some instances where it makes sense to do so. For example, if your current living arrangements are no longer viable and you need a place to move into quickly, paying more than the appraised value might be in your best interest to secure a new home. Additionally, if you’re buying in a hot market, overpaying for the home might be necessary to overcome the competition.

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.

Yes, installing a tennis court can be a worthwhile home improvement project that adds value to your property. The potential increase in value can range from $20,000 to $150,000, and in some cases, the return on investment can cover more than 60% of the installation cost. However, the impact on value heavily depends on the size of your property. For homes with multiple acres, a tennis court is often a valuable amenity. In contrast, for homes on smaller lots, installing a court can decrease the property's value because it consumes a significant portion of the usable yard space. It's crucial to consider your property size and the remaining usable yard before proceeding.

The Memphis, IN homeowners’ guide to property appraisals

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