How much do appraisals cost by home type?

• <div><p>The cost to appraise a home depends on the type. Common types include:</p><ul><li><p>Single-family homes: $300–$400</p></li><li><p>FHA or VA single-family homes: $400–$500</p></li><li><p>Condominium: $300–$500</p></li><li><p>Multi-family home: $500–$1,000</p></li><li><p>Apartment building: $1,500–$3,000</p></li><li><p>Commercial properties: $1,400–$10,000</p></li><li><p>Raw land: $1,000–$8,000</p></li></ul><p></p></div>

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Q: Is market value usually higher than appraised value?

• <div><p>The differences between market value and appraised value depend on the local market, so they can match, or either one can be higher than the other. In a &ldquo;seller&rsquo;s market,&rdquo; where there is an abundance of buyers, market value will likely sit higher than the appraised value because there&rsquo;s more demand for the low inventory of homes. In a &ldquo;buyer&rsquo;s market,&rdquo; where there are more homes than there are buyers, the market value is more likely to sit below the appraised value to entice buyers.</p></div>

Q: Does a smart home increase property value?

• <div><p>A comprehensive smart home system can be really attractive to buyers and increase the value of your property. Components such as a smart security system, smart lawn and garden systems, and smart appliances can all drive up the value of your property.</p></div>

Q: Do appraisals usually come in high?

• <div><p>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&rsquo;ll often see the opposite happening.</p></div>

Q: How much does a home appraisal cost?

• <div><p><a href="https://www.angi.com/articles/how-much-does-home-appraisal-cost.htm">Home and property appraisals cost</a> about <b>$355</b> on average, ranging from <b>$250 to $500</b>, depending on the size of the home and property, age of the property, comparability to nearby homes, and location. While single-family homes typically cost between $300 and $400 to appraise, multi-family home appraisal can cost $500 to $1,000 due to the increased size and building complexity.</p></div>

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Verified Reviews for Property Appraisal pros in West Point, KY

*The Angi rating for Property Appraisal companies in West Point, KY is a rating based on verified reviews from our community of homeowners who have used these pros to meet their Property Appraisal needs.

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Last update on October 28, 2025

Reviewed in January 2025
C.W. and crew painted the interior of my property. They did a great job at a competitive price and were a pleasure to work with. I highly recommend them.
Perfect Edge Painting
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Reviewed in July 2024
Mr Coulter was very good at getting this right the first time! Ask questions of us to know exactly what we wanted. We will be using this company again for all our property work!!
Coulter's Septic & Excavating, LLC
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Reviewed in March 2024
They were considerate of your property
Homestead Tree Service
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Reviewed in August 2023
This company is very reliable. Great price for the things I dread doing. Polite and courteous of property, plants and other items they have to work around. So glad that I found them. Would recommend !
Mitchell's Lawn Service LLC
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Reviewed in April 2020
Great reliable work consistently. They do everything we need to keep our property looking neat and tidy. The plant look healthy and well care for. No weeds, no dead landscaping. That mow- fertilize, mulch, plant annual flowers, remove snow and putting ice melt on sidewalks and parking lots. They...
Dreamscapes of Louisville
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Reviewed in October 2018
Chris was very nice, hard working, and fair. I would definitely recommend going through this company if you need anything appraised or are selling your things. They do all of the work for you and even take things that you would like donated and do that as well. Overall great to work with.
Bluegrass Trader
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Reviewed in February 2018
Responsive. Has replaced and repaired roofs on personal residences over past 10 years and our rental property.
A-1 Home Improvements & Fencing Inc
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Reviewed in July 2016
Weeding and trimming entire property was done very well. Arranged for Monthly weeding and trimming service in the future. Will do leaf removal in the Fall, then snow removal in the Winter.
Erik's Curb Appeal, LLC
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Reviewed in April 2015
We worked with multiple contractors to get mold remediation estimates related to a distressed foreclosure property. Jay was excellent to meet and talk with. Not only was his price competitive, he was communicated information well and gave the impression he would be good to work with. The...
Aqua Lock
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Reviewed in December 2012
,Spoke with Peter briefly on the telephone about a refi. He explained the process, the interest rate and terms, paperwork i would need to provide, and all fees associated with my refinance. I traveled to Lexington to sign the papers and paid for an appraisal which was my only out of pocket...
SunLending USA, LLC
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Akrivis Real Estate Valuations

Akrivis Real Estate Valuations

Customers say: Quick response

1319 local quotes requested

7 years of experience

Welcome to the future of real estate valuation solutions with Akrivis. We combine innovation and evolving technology with our exclusive network of photography contractors to deliver accurate real estate valuations in less than five days. No stress, no fuss, just fast and reliable property values.

"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. "

Melissa P on October 2025

"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. "

Melissa P on October 2025

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Appraisal Real Estate Service

Land Surveying

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Akrivis Real Estate Valuations

Akrivis Real Estate Valuations

Brandy Ferriell, Homes With Brandy

Brandy Ferriell, Homes With Brandy

Terry Walker II LLC

Terry Walker II LLC

Advent Home Buyers

Advent Home Buyers

Above & Beyond Property Solutions

Above & Beyond Property Solutions

CG Commercial Real Estate Inc

CG Commercial Real Estate Inc

Auctions ASAP

Auctions ASAP

RE/MAX Real Estate Center

RE/MAX Real Estate Center

John Nitzken REALTORS

John Nitzken REALTORS

The Cleaning Source

The Cleaning Source

The West Point, KY homeowners’ guide to property appraisals

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