"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."
"The appraiser was efficient, knowledgeable and was able to answer the many questions I had. The process did not take long and I had the formal appraisal emailed to me within 48 hours."
"Do yourself a favor, and if you need an agent, select Cindy. When Cindy heard I was trying to sell the out of state property of my deceased Dad, she stepped into the picture- from a distance- to touch base with me throughout the process. This is the consummate professional with a fabulous sense of humor as well. Just as an unsolicited advisor she volunteered more useful strategies and information than my NY realtor. She is a powerful professional to have advising you."
"Mr. Murphy arrived promptly and went through the house with a "fine tooth comb"! He obviously has tremedous knowledge and carries all the tools necessary to investigate every corner of the residence, from the attic to the crawl space. We were able to proceed with the purchase of our home knowing there were only a few very minor issues to deal with. We were also very impressed with his appraisal value for our home. It came within dollars of the bank's appraisal. Mr. Murphy is knowledgeable, efficient and helpful. We are most pleased with his service.
"Marketplace Homes has managed two residential rental properties for me, and everything has always been very easy. They coordinate showings, negotiated rent with tenants, and hired contractors as needed at each property. I would use them for any rental property I have in the future!"
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.
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
Xeriscaping can absolutely increase your home value, but the return on investment (ROI) depends on where you live and how prevalent xeriscaping is in your area. In drought-prone climates, xeriscaping can boost your curb appeal and make your home more appealing to buyers due to the reduced maintenance and watering costs. However, in areas where xeriscaping isn’t the norm, some buyers may be willing to pay less for a xeriscaped property if they don’t like the appearance.
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.
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.
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.
The Indian Head, MD homeowners’ guide to property appraisals
From average costs to expert advice, get all the answers you need to get your job done.
Find out the average home appraisal cost in Washington, D.C. Learn what you can expect to pay a local property appraiser to value your real estate accurately.
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.