"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."
"Excellent service. Responsive, on-time, professional. No problems. Pricing was competitive but it was more about the quality of work for me. Good company. I think they are definitely worth recommending. I would hire them again."
Yes, appraisals are often used for property tax appeals, estate planning, and determining market value.
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.
A property valuation, sometimes called a comparative market analysis or CMA, provides a real estate expert’s opinion on how much your property will sell for. It takes many things into consideration, like the condition and location of the home, but ultimately, all that matters for a property valuation is what a buyer might be willing to pay for the property. An appraisal is more concerned with determining the value. A valuation is to estimate what you’ll get for a property, while an appraisal helps a lender establish loan-to-value ratios and loan amounts.
Appraisals are not mandatory but are helpful for pricing accuracy and negotiation purposes.
The cost to appraise a home depends on the type. Common types include:
Single-family homes: $300–$400
FHA or VA single-family homes: $400–$500
Condominium: $300–$500
Multi-family home: $500–$1,000
Apartment building: $1,500–$3,000
Commercial properties: $1,400–$10,000
Raw land: $1,000–$8,000
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.