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Avatar for Martin's Appraisals
Martin's Appraisals
4.9(
15
)

Serving Funkstown, MD and surrounding areas

Approved

In business since 2000

Customers say: Quick response

"Prompt response and scheduling. Extremely professional and clearly has and exhibits experience with home appraisals and the real estate market!"
Response time1 day
Response rate87%
2 neighbors recently requested a quote
Avatar for Bigham, WM. A. Inc.
Bigham, WM. A. Inc.
3.2(
5
)

Serving Funkstown, MD and surrounding areas

Approved

In business since 1955

Free estimates

Emergency services offered

Wm. A. Bigham, Inc., specializes in residential and commercial real estate valuations. Our company has served southern Pennsylvania and Northern Maryland, for over 60 years. With that experience, we are confident in our ability to exceed your expectations, always paying close attention to the specific needs of each individual or company with whom we work. We specialize in appraisals for purchases, pre-listing, estate, tax assessment, divorce, construction defects, and other litigation. We look forward to speaking with you directly and providing the expertise you need with regard to your property.

Response time2 days
25 neighbors recently requested a quote
Recommended by100%of homeowners
Megan Craig Appraisals, LLC
5.0(
2
)

Serving Funkstown, MD and surrounding areas

In business since 2010

Free estimates

At Megan Craig Appraisals, we take great pride in our experience, expertise, quality and customer service that we provide to meet the consumer's needs. It is our mission to provide excellent workmanship and complete customer satisfaction from start to completion of a project. In order to understand the needs and expectations of our customers, we take great care to work and communicate with every customer in a professional manner. Our reputation is based on service, safety and quality, regardless of how large or small the job.

Recommended by100%of homeowners
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FAQs for property appraisal projects in Funkstown, MD

An appraisal is an opinion of value, so anything that is expected to boost your home value is likely to work in your favor when it comes to the appraisal. Things like improving your curb appeal, painting, refinishing floors, and taking care of minor repairs are all good investments prior to ordering an appraisal. It’s also a good idea to clear out any clutter and complete a deep clean beforehand to show your property in the best light possible.

Appraisals aren’t required by law to complete a real estate transaction, but it’s unlikely that a lender will allow a buyer to close on a property without an appraisal, so, effectively, they are usually required. Your mortgage lender uses the property as collateral for your loan, and the appraisal is what the lender will base the mortgage on to confirm the value is there to justify their investment.

The average cost of a property appraisal is around $355, but different appraisers in your area could charge anywhere from $250 to $500. Appraisals for larger properties will often cost more, as will valuations for older properties. Appraisers will use homes in the surrounding area to help determine a valuation as well, so if your home doesn’t conform to the neighborhood standards, the valuation will require more work and will likely cost more.

A licensed appraiser is the only individual that can carry out a property appraisal. You should always check to ensure an appraiser you’re considering has the proper licensing from your state. Additionally, since an appraisal is meant to be an unbiased opinion of a property’s value, you should confirm that the appraiser doesn’t have ties to any other party in the sale of the property.

Anyone can hire a property appraiser to confirm the inherent value of a property, but the buyer or buyer’s lender will usually choose the appraiser and pay the individual for their opinion. It’s also not uncommon for the seller’s side in a real estate transaction to hire an appraiser in order to justify an asking price or negotiate a higher selling price.

The Funkstown, MD homeowners’ guide to property appraisals

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