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FAB Appraisals
4.5(
97
)
Appraisal - Real Estate

Serving Chevy Chase, 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
6 neighbors recently requested a quote
Recommended by88%of homeowners
Avatar for Alpha Appraisers, LLC
Alpha Appraisers, LLC
4.8(
61
)
Appraisal - Real Estate

Serving Chevy Chase, MD and surrounding areas

In business since 2018

Free estimates

"Mr. Taci is the utmost professional. He was attentive to my needs and on my required schedule. He is a well-respected professional, demonstrated his expertise with the Uniform Standards of Professional Appraisal Practice, and provided a fair and accurate appraisal of my property. I highly recommend his services without reservation."
Victorian House
Exterior
Exterior
Interior
Response time4 hrs
Recommended by96%of homeowners
Avatar for Jeffrey W Aaron
Jeffrey W Aaron
5.0(
12
)
Appraisal - Real Estate

Serving Chevy Chase, MD and surrounding areas

In business since 2005

Free estimates

"I hired Jeffrey to give me an appraisal after I perform the number of upgrades on my home. Jeffrey was realistic, informative and very fair in his appraisal. I appreciated his willingness to walk me through the appraisal and to give me a true sense of the value of the property. I especially appreciated that he was conservative and fair. I'm certain this appraisal will stand the scrutiny of USDA and any Federal Bank. Sometimes appraisers work for the bank. I felt Jeffrey was protective of my interest. Jeffrey gave me confidence in me potential investment."
Jeffrey W Aaron
Jeffrey W Aaron
Jeffrey W Aaron
Response time7 hrs
Response rate98%
Recommended by100%of homeowners
Richard Haase
5.0(
8
)
Appraisal - Real Estate

Serving Chevy Chase, MD and surrounding areas

In business since 1935

"We hired Mr Haase to appraise the value of our home so one owner could buy the other one out. We needed a detailed and accurate assessment that took the various improvements we made into account, but didn't inflate the value for things that would not normally affect the sales price. Mr. Haase was quick and responsive, was able to do the appraisal right away and send his final report within a couple of days, the final report was fair and detailed, and the price was very affordable. We would recommend Mr Haase to anyone looking for the same."
Response time2 hrs
Recommended by100%of homeowners
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Property Appraiser questions, answered by experts

While there’s technically no limit to the dollar amount you can borrow for a home addition, the standard limit is around 80% of the value the addition is expected to add to your home. That means you could feasibly borrow up to $80,000 if an appraiser determines that the addition or bump out will add $100,000 in value to your property. You might also be limited by your debt-to-income ratio or credit score.

A property valuation, sometimes called a comparative market analysis or CMA, provides a real estate expert’s opinion on how much your property will sell for. It takes many things into consideration, like the condition and location of the home, but ultimately, all that matters for a property valuation is what a buyer might be willing to pay for the property. An appraisal is more concerned with determining the value. A valuation is to estimate what you’ll get for a property, while an appraisal helps a lender establish loan-to-value ratios and loan amounts.

Wainscoting isn’t a design element that can be directly tied to an increased house price. Despite that, it is a highly marketable element that can generate significant interest from potential buyers who enjoy the style, and is relatively inexpensive to remove for those who don’t. If you are on the fence about paneling, just know that it certainly wouldn’t result in depreciation of your home’s value—usually the opposite. 

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.

If you can’t find any records online, you’ll need to contact your county clerk’s office to do further research. They should have property records on file, or can at least point you in the right direction of who to contact. You can also speak with your neighbors about when their houses were built because they were likely built around the same time.

The Chevy Chase, MD homeowners’ guide to property appraisals

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