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TRUSTED BY MONROVIA, MD HOMEOWNERS

  • Average homeowner rating star icon4.5
    Average homeowner rating
  • Verified reviews icon28
    Verified property appraisals reviews

Find Property appraisers in Monrovia

Avatar for Akrivis Real Estate Valuations
Akrivis Real Estate Valuations
4.3(
46
)
Appraisal - Real Estate

Serving Monrovia, MD and surrounding areas

Approved (Corporate)

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 time5 hrs
Response rate89%
1656 neighbors recently requested a quote
Avatar for Martin's Appraisals
Martin's Appraisals
4.9(
15
)
Appraisal - Real Estate

Serving Monrovia, MD and surrounding areas

Approved

In business since 2000

Customers say: Quick response

"Martin's Appraisals conducted a professional and thorough appraisal in an expedient manner. I would highly recommend this business as a good value for your money."
Response time1 day
Response rate88%
2 neighbors recently requested a quote
Avatar for Cindy Beline & Gail Perfetti Inc - Realtors
Cindy Beline & Gail Perfetti Inc - Realtors
4.9(
93
)
Appraisal - Real Estate

Serving Monrovia, MD and surrounding areas

In business since 1999

Free estimates

Credit card accepted

"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."
Additional Photos
Licensed in VA,MD&DC
Recommended by98%of homeowners
Avatar for Home Remedies Real Estate Consultants, LLC
Home Remedies Real Estate Consultants, LLC
4.3(
14
)
Appraisal - Real Estate

Serving Monrovia, MD and surrounding areas

In business since 2004

Emergency services offered

Credit card accepted

"The service worked out really well. There was an article in the Washington Post yesterday about home inspector and what they should be doing, he did exactly what was outlined in the article. It took about three hours, we discussed what the issues were in the house and if I wanted to rent whether or not it would be worth doing that. He was giving me estimates of things that needs to be fixed, repaired and what it would cost. When he finished, he emailed me a very detailed report with pictures and everything."
Recommended by83%of homeowners
Avatar for Marketplace Housing
Marketplace Housing
4.3(
11
)
Appraisal - Real Estate

Serving Monrovia, MD and surrounding areas

In business since 2003

Free estimates

Emergency services offered

"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!"
Recommended by77%of homeowners
Megan Craig Appraisals, LLC
5.0(
2
)
Appraisal - Real Estate

Serving Monrovia, 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

Yes, installing a tennis court can be a worthwhile home improvement project that adds value to your property. The potential increase in value can range from $20,000 to $150,000, and in some cases, the return on investment can cover more than 60% of the installation cost. However, the impact on value heavily depends on the size of your property. For homes with multiple acres, a tennis court is often a valuable amenity. In contrast, for homes on smaller lots, installing a court can decrease the property's value because it consumes a significant portion of the usable yard space. It's crucial to consider your property size and the remaining usable yard before proceeding.

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.

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 purpose of the home appraisal determines which party pays for it. You’re generally responsible for the cost if you need to know the current value of your home to refinance your mortgage, though in some instances the lender will pay for it. The buyer pays for the appraisal when they are applying for their mortgage.

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 Monrovia, MD homeowners’ guide to property appraisals

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