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J Meyer Real Estate Services, Inc.
3.5(
3
)
Appraisal - Real Estate

Serving Selma, IN and surrounding areas

Approved

In business since 2000

Free estimates

Customers say: Quick response

With years in the industry as a Residential Appraiser and Residential Real Estate Broker, Jennifer Meyer of J. Meyer Real Estate Services, Inc. is the premier provider in Marion and surrounding areas of Indiana. We look forward to working with you. Give us a call today.

Response time1 day
Recommended by100%of homeowners
Canan Appraisal Company LLC
New to Angi
Appraisal - Real Estate

Serving Selma, IN and surrounding areas

In business since 2000

Free estimates

CANAN APPRAISAL COMPANY LLC is a locally owned and operated company that values honesty and integrity in all aspects of our business. Our dedicated team of professionals have several years of hands-on experience to provide innovative ideas and suggestions tailored to your projects. Our services are customized to your individual needs, paying close attention to the details of each project that we are involved with. Please feel free to contact us today!

Response time6 days
Property Appraiser questions, answered by experts

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.

Depending on the size of the home, the appraisal itself can take several hours. After the appraiser’s visit is complete, it can take between a few days and a few weeks to get the report back. This timeline is largely dependent on the appraiser’s workload, research requirements, efficiency, and other factors.

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.

While there's not a lot of definite research, some experts suggest that an in-ground or wall-mounted basketball hoop can add value to your home by increasing curb appeal. In addition, having a basketball hoop is an attractive feature of a house since it promotes physical activity, especially for children.

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.

The Selma, IN homeowners’ guide to property appraisals

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