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TRUSTED BY EDMONSTON, MD HOMEOWNERS

  • Average homeowner rating star icon4.5
    Average homeowner rating
  • Verified reviews icon17
    Verified property appraisals reviews

Find Property appraisers in Edmonston

FAB Appraisals
4.5(
97
)
Appraisal - Real Estate

Serving Edmonston, 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
4 neighbors recently requested a quote
Recommended by88%of homeowners
Avatar for John James Properties
John James Properties
4.9(
13
)
Appraisal - Real Estate

Serving Edmonston, 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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+14

Response time12 hrs
Response rate100%
Recommended by100%of homeowners
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Property Appraiser questions, answered by experts

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.

Basement bedrooms can count toward your room count and the square footage of your home on an appraisal if they’re fully legal, which means they have proper ventilation and points of egress, as defined by your local building code. Simply partitioning off a space for a bedroom in an otherwise unfinished basement that isn’t a legal living space won’t affect your appraisal value.

Your home insurance company may allow you to use an appraisal instead of an inspection when you apply for coverage. Keep in mind that despite this, an appraisal is far less detailed than the different types of home inspections available and may not reveal potential risks that you’ll want to know about.

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.

Yes, experienced appraisers handle a variety of property types with tailored methods.

The Edmonston, MD homeowners’ guide to property appraisals

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