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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
5 neighbors recently requested a quote
Recommended by88%of homeowners
Avatar for Akrivis Real Estate Valuations
Akrivis Real Estate Valuations
4.4(
62
)
Appraisal - Real Estate

Serving Chevy Chase, 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%
1333 neighbors recently requested a quote
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

"Gus is businesslike and prompt. He was able to arrange an appointment within a few days of my contacting him and he produced the appraisal materials within a week. He also recommended a team to do some work for me and they were also exactly what I needed at the time and they did their work in a professional and timely fashion."
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
Avatar for John James Properties
John James Properties
4.9(
13
)
Appraisal - Real Estate

Serving Chevy Chase, MD and surrounding areas

Free estimates

Emergency services offered

Warranties offered

"John did an outstanding job ordering and replacing our windows, making the whole process smooth and stress-free. He was highly attentive to details, ensuring the measurements were precise and the products chosen matched our needs perfectly. John communicated clearly throughout the project, keeping us informed at each stage. His professionalism and friendly approach made us feel confident we were in good hands. We highly recommend John for his exceptional service and dedication to delivering quality results."
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Response time12 hrs
Response rate100%
Recommended by100%of homeowners
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Property Appraiser questions, answered by experts

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.

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.

While there's not a lot of definite research, some experts suggest that an in-ground or wall-mounted basketball hoop can add value to your home by increasing curb appeal. In addition, having a basketball hoop is an attractive feature of a house since it promotes physical activity, especially for children.

The cost ranges from $300 to $500, depending on the property's size and location. Due to their complexity, commercial appraisals may cost more.

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.

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.