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FAB Appraisals
4.5(
97
)

Serving Glen Echo, 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
3.9(
28
)

Serving Glen Echo, MD and surrounding areas

Approved

In business since 2018

Credit card accepted

Offers commercial services

"Hired to do valuation of a manufactured home - not on land. Gave appraisal comparison properties included land. therefore not an accurate valuation. Thought salesperson understood nuance."
Restaurant
Response time6 hrs
1996 neighbors recently requested a quote
Recommended by16%of homeowners
Avatar for Majestic Appraisal Services
Majestic Appraisal Services
5.0(
7
)

Serving Glen Echo, MD and surrounding areas

Approved

In business since 2006

Customers say: Quick response

"The owner explains everything in details how the appraisal works, doesnâ t mind how much time we talk on the phone and in person. The report is very well written and presented to me on time as promised. The report serves my intended purpose."
Response time6 hrs
Response rate94%
Recommended by100%of homeowners
Avatar for Alpha Appraisers, LLC
Alpha Appraisers, LLC
4.8(
61
)

Serving Glen Echo, 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
Showing 1-10 of 46
Property Appraiser questions, answered by experts

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.

A koi pond may add value to your home if it’s a feature sellers are looking for. Like pools, ponds can affect your property value depending on their condition, whether they’re a popular selling point, and how well they’re incorporated into your home’s landscape.

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.

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

Land doesn’t depreciate in the same way that a house, vehicle, or other property does, but it can lose value based on various factors. Environmental changes, nearby development, zoning changes, and economic downturns can all cause land to lose value over time. Value is a comparative figure, so as other related factors change, so can land’s value.

The Glen Echo, MD homeowners’ guide to property appraisals

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