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Avatar for Marilyn & Company/Keller Williams Realty Boston Southwest
Marilyn & Company/Keller Williams Realty Boston Southwest
5.0(
101
)
Appraisal - General

Serving Three Rivers, MA and surrounding areas

Approved

In business since 2004

Free estimates

Emergency services offered

"The real estate world is crazy and Marilyn walked us through the process with clarity and ease. She encouraged us to sell sooner than we planned and she was right. She knows the market. Her market expertise put much of our uncertainty to rest. Even more so, we witnessed her negotiation skills in action when she was able to bring in significantly more than what we originally anticipated. The price of a realtor is worth it...Marilyn (and her team) is worth 2x her cost. We can't recommend her enough."
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Antiques and Jewelry Appraisals 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.

They provide objective, third-party valuation, guiding fair sales or purchase prices.

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.

Yes, the age of your home can impact its value. However, age is just one of many factors that will have an effect. An older home may be perceived as needing more work and maintenance, but if you’ve kept up with repairs or done any renovations, this will increase its value. Buyers will also consider the size of the house, location, and how nearby homes are priced. Lastly, value also depends on whether it’s a buyer or seller’s market.

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.

The Three Rivers, MA homeowners’ guide to antique and jewelry appraisals

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