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TRUSTED BY CHILLUM, MD HOMEOWNERS

  • Average homeowner rating star icon4.6
    Average homeowner rating
  • Verified reviews icon24
    Verified property appraisals reviews

Find Property appraisers in Chillum

FAB Appraisals
4.5(
97
)
Appraisal - Real Estate

Serving Chillum, 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 Jeffrey W Aaron
Jeffrey W Aaron
5.0(
12
)
Appraisal - Real Estate

Serving Chillum, MD and surrounding areas

In business since 2005

Free estimates

"Quick yet thorough home appraisal report! Jeff is a super nice guy & easy to work with. Can t beat the service he provides for a very reasonable price. Let him be your first and only stop!"
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 Chillum, 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

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.

Ensures accurate valuation reflecting current market conditions, assisting in financial decisions.

Foundation cracks won’t always affect your appraised value. All foundations crack due to normal settlement, so hairline cracks that aren’t leaking or uneven from side to side are unlikely to have an impact on your appraisal. Structural cracks, on the other hand, often lead to a reduced appraised value, especially if the underlying problem will cause the issue to worsen over time.

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 differences between market value and appraised value depend on the local market, so they can match, or either one can be higher than the other. In a “seller’s market,” where there is an abundance of buyers, market value will likely sit higher than the appraised value because there’s more demand for the low inventory of homes. In a “buyer’s market,” where there are more homes than there are buyers, the market value is more likely to sit below the appraised value to entice buyers.

The Chillum, MD homeowners’ guide to property appraisals

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