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Avatar for Akrivis Real Estate Valuations
Akrivis Real Estate Valuations
4.3(
72
)
Appraisal - Real Estate

Serving Loretto, KY 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%
991 neighbors recently requested a quote
Terry Farmer Appraisals
New to Angi
Appraisal - Real Estate

Serving Loretto, KY and surrounding areas

In business since 2003

Free estimates

Terry Farmer Appraisals, is committed to excellence in every aspect of our business. We uphold a standard of integrity bound by fairness, honesty, and personal responsibility. Our distinction is the quality of service we bring to our customers. Accurate knowledge of our trade combined with ability is what makes us true professionals. Above all, we are watchful of our customers' interests, and make their concerns the basis of our business.

Response time1 day
McWhorter Appraisal
New to Angi
Appraisal - Real Estate

Serving Loretto, KY and surrounding areas

In business since 2010

Free estimates

We are a locally owned and operated company that values honesty and integrity and treats your home as if it were our own. We offer a variety of appraisal services that are customizable to each individual project. You will find us to be competitively priced, paying close attention to the details of each and every project that we are involved with. We look forward to building lasting relationships and guarantee your satisfaction!

SBG Real Property Professionals
New to Angi
Appraisal - Real Estate

Serving Loretto, KY and surrounding areas

In business since 2007

Free estimates

Credit card accepted

We are a locally owned and operated company that values honesty and integrity in all aspects of our business. Our dedicated team of professionals have over 10 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!

Avatar for Terry Walker II, LLC
Terry Walker II, LLC
New to Angi
Appraisal - Real Estate

Serving Loretto, KY and surrounding areas

In business since 2015

Free estimates

Looking for a licensed and reliable appraiser? Look no further than Terry Walker and Appraisal Associates! With over 10 years of experience serving the residents of Kentucky and Indiana. Terry is an expert in providing accurate and timely appraisals for all types of properties. What's more, Terry offers the convenience of text message or phone call communication and accepts payment via Venmo. Please text or call for all your appraisal needs!

Response time3 days
Property Appraiser questions, answered by experts

In cases where an appraisal comes in lower than an offer price, sellers might opt to lower their asking price to meet the appraisal, especially if the market is slow, and replacing the offer with a higher one may take a long time. Sellers can also offer to make repairs to boost the appraised value, hire another appraiser to get a second opinion, or just move on to another offer that isn’t contingent on the buyer getting a mortgage or an appraisal inspection.

The cost ranges from $300 to $500, depending on the property's size and location. Due to their complexity, commercial appraisals may cost more.

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.

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

Basement bedrooms can count toward your room count and the square footage of your home on an appraisal if they’re fully legal, which means they have proper ventilation and points of egress, as defined by your local building code. Simply partitioning off a space for a bedroom in an otherwise unfinished basement that isn’t a legal living space won’t affect your appraisal value.

The Loretto, KY homeowners’ guide to property appraisals

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