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TRUSTED BY CHELTENHAM, MD HOMEOWNERS

  • Average homeowner rating star icon4.6
    Average homeowner rating
  • Verified reviews icon30
    Verified property appraisals reviews

Top-Rated Property appraisers in Cheltenham - Updated Nov 2026

FAB Appraisals
4.5(
97
)
Appraisal - Real Estate

Serving Cheltenham, MD and surrounding areas

Approved

In business since 1989

Emergency services offered

Credit card accepted

"The company followed up on the appointment and was on-time for the appraisal. The report was delivered in a matter of days. I noticed a deficiency in the initial appraisal. I reached out to the appraiser, and the document was corrected and updated within 24 hours. Because of his excellent customer service, I rehired him to appraise another property."
Response time5 hrs
5 neighbors recently requested a quote
Recommended by88%of homeowners
Avatar for Akrivis Real Estate Valuations
Akrivis Real Estate Valuations
4.4(
79
)
Appraisal - Real Estate

Serving Cheltenham, MD and surrounding areas

Approved (Corporate)

In business since 2018

Credit card accepted

Offers commercial services

"The process was easy, and pricing options were provided up fromt. They gave clear instructions about what they needed for the appraisal. They provided an appraisal quickly, with a nice turn around time. I would call this company again next I need an appraisal."
Restaurant
Response time5 hrs
Response rate89%
948 neighbors recently requested a quote
Avatar for Jackson Appraisal Group
Jackson Appraisal Group
4.1(
19
)
Appraisal - Real Estate

Serving Cheltenham, MD and surrounding areas

In business since 2012

Free estimates

Credit card accepted

"I recently hired the Jackson Appraisal Group to help me reduce my property tax bill and I couldn't be happier with the results. The appraiser was professional, knowledgeable, and efficient throughout the process. From the initial consultation, Christian Jackson listened carefully to my concerns and explained the process in a way that was easy to understand. They also provided valuable insights into the local real estate market and helped me understand how my property fit into that market. As the appraisal process moved forward, Christian was always prompt in responding to my questions and requests for updates. He provided thorough and detailed reports that clearly explained the value of my property and how it was determined. Ultimately, the appraisal helped me successfully appeal my property tax bill and resulted in a significant reduction in the amount I owed. I would highly recommend Jackson Appraisal Group to anyone looking to reduce their property tax bill or simply get a better understanding of the value of their property."
Response time1 day
Recommended by88%of homeowners
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Property Appraiser FAQs, answered by experts

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.

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

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.

Ideally, you’d never pay more than the appraised value for a home, but there are some instances where it makes sense to do so. For example, if your current living arrangements are no longer viable and you need a place to move into quickly, paying more than the appraised value might be in your best interest to secure a new home. Additionally, if you’re buying in a hot market, overpaying for the home might be necessary to overcome the competition.

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.

The Cheltenham, MD homeowners’ guide to property appraisals

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