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Avatar for Bigham, WM. A. Inc.
Bigham, WM. A. Inc.
3.2(
5
)
Appraisal - Real Estate

Serving Hagerstown, 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
22 neighbors recently requested a quote
Recommended by100%of homeowners
Megan Craig Appraisals, LLC
5.0(
2
)
Appraisal - Real Estate

Serving Hagerstown, 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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Property Appraiser questions, answered by experts

While there’s technically no limit to the dollar amount you can borrow for a home addition, the standard limit is around 80% of the value the addition is expected to add to your home. That means you could feasibly borrow up to $80,000 if an appraiser determines that the addition or bump out will add $100,000 in value to your property. You might also be limited by your debt-to-income ratio or credit score.

Both conventional loans and FHA loans are types of mortgages, but they have a few key differences. Conventional loans are backed by private lenders without any government backing, and FHA loans are guaranteed by a government agency. FHA loans are designed to be easier for borrowers with low credit scores or income to qualify for.

Yes, the age of your home can impact its value. However, age is just one of many factors that will have an effect. An older home may be perceived as needing more work and maintenance, but if you’ve kept up with repairs or done any renovations, this will increase its value. Buyers will also consider the size of the house, location, and how nearby homes are priced. Lastly, value also depends on whether it’s a buyer or seller’s market.

Some appraisers hold a Member of the Appraisal Institute designation. This accolade is the highest credential property appraisers can earn. An MAI appraisal is typically used for commercial properties.

While your lender will likely recommend an appraiser, you can also hire a professional home appraiser on your own. Choose someone who is experienced in your type of residential property, and ensure they hold all of the necessary credentials that your state or region requires.

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

The Hagerstown, MD homeowners’ guide to property appraisals

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