"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."
Aspen Appraisal Service really prides our company on reliability, great communication, integrity, and quality work. Robert M. Paschal of Aspen Appraisal Service is an expert in the appraiser trade and will do the very best to keep you as educated as we can on your particular task or project. We look forward to earning your business!
An FHA appraisal is valid for 180 days from the effective date of the report. In some cases, you can have the appraisal recertified if you make your request before the original expires so that you still may obtain an FHA loan. If approved, your appraisal update is valid for one year.
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’ll often see the opposite happening.
Yes, experienced appraisers handle a variety of property types with tailored methods.
Yes, appraisals are often used for property tax appeals, estate planning, and determining market value.
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
The Jena, LA homeowners’ guide to property appraisals
From average costs to expert advice, get all the answers you need to get your job done.
Home appraisals are an important part of buying or selling a home and getting a mortgage loan. Learn more about home appraisal costs and what they include.
FHA loans are backed by the government and come with specific FHA appraisal guidelines and requirements. Learn what an FHA appraisal entails in this guide.