"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."
We are committed to excellence in every aspect of our business. We uphold a standard of integrity bound by fairness, honesty, and personal responsibility. Our distinction is the quality of service we bring to our customers. Accurate knowledge of our trade combined with ability is what makes us true professionals. Above all, we are watchful of our customers' interests, and make their concerns the basis of our business.\n
I am a locally owned and operated residential real estate appraisal service, licensed in the state of Maryland. With over 20 years of industry experience, I value honesty and integrity, and stand behind our work. I look forward to building long-term relationships with our clients and guarantee your satisfaction! I do charge a 75-dollar trip fee to come perform the appraisal. Should you move forward, that 75-dollar trip fee is waived.
"Chris is very knowledgeable, answered all my questions, and provided me with a very detailed appraisal. He has remained available to answer any questions I may have."
"There was a miscommunication on the part of my loan office. I needed to pay for an additional apparisal report. Mr. Cushner was a top rate apparaiser. However, I can't use his report with my loan company."
"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."
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.
Ideally, you’d never pay more than the appraised value for a home, but there are some instances where it makes sense to do so. For example, if your current living arrangements are no longer viable and you need a place to move into quickly, paying more than the appraised value might be in your best interest to secure a new home. Additionally, if you’re buying in a hot market, overpaying for the home might be necessary to overcome the competition.
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.
While some aspects of an appraisal, such as comparable properties nearby, are out of your control, there are several steps you can take to potentially increase your home's value. Make any necessary repairs and upgrades before the appraiser's visit, as they can only value what is currently part of the home, not its potential. Examples include renovating older areas, updating landscaping to boost curb appeal, and staging your home. You can also provide the appraiser with the cost of recent upgrades, which may increase your home's value by about 50% or more of what you paid for those improvements.
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 Hampton, MD homeowners’ guide to property appraisals
From average costs to expert advice, get all the answers you need to get your job done.
Home appraisals are an important part of buying or selling a home and getting a mortgage loan. Learn more about home appraisal costs and what they include.
FHA loans are backed by the government and come with specific FHA appraisal guidelines and requirements. Learn what an FHA appraisal entails in this guide.