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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 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.

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.

In cases where an appraisal comes in lower than an offer price, sellers might opt to lower their asking price to meet the appraisal, especially if the market is slow, and replacing the offer with a higher one may take a long time. Sellers can also offer to make repairs to boost the appraised value, hire another appraiser to get a second opinion, or just move on to another offer that isn’t contingent on the buyer getting a mortgage or an appraisal inspection.

Appraisals are not mandatory but are helpful for pricing accuracy and negotiation purposes.

In most cases, selling a home in as-is condition will lead to a sale price that’s somewhere between 10% and 30% lower than normal. However, it’s often worthwhile to sell at a loss because the alternative would be to pay for the repairs yourself, which could end up costing you more. Even if they didn’t, selling as-is saves you from the time and energy you’d spend coordinating the repairs.

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.