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TRUSTED BY POTOMAC, MD HOMEOWNERS

  • Average homeowner rating star icon4.4
    Average homeowner rating
  • Verified reviews icon29
    Verified property appraisals reviews

Verified Reviews for Property Appraisal pros in Potomac, MD

*The Angi rating for Property Appraisal companies in Potomac, MD is a rating based on verified reviews from our community of homeowners who have used these pros to meet their Property Appraisal needs.

*The HomeAdvisor rating for Property Appraisal companies in Potomac, MD is a rating based on verified reviews from our community of homeowners who have used these pros to meet their Property Appraisal needs.

Last update on October 23, 2024

Find Property appraisers in Potomac

FAB Appraisals
4.5(
97
)

Serving Potomac, MD and surrounding areas

Approved

In business since 1989

Emergency services offered

Credit card accepted

"The company followed up on the appointment and was on-time for the appraisal. The report was delivered in a matter of days. I noticed a deficiency in the initial appraisal. I reached out to the appraiser, and the document was corrected and updated within 24 hours. Because of his excellent customer service, I rehired him to appraise another property."
Response time5 hrs
5 neighbors recently requested a quote
Recommended by88%of homeowners
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Avatar for Akrivis Real Estate Valuations
Akrivis Real Estate Valuations
3.9(
30
)

Serving Potomac, 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%
1995 neighbors recently requested a quote
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Avatar for Majestic Appraisal Services
Majestic Appraisal Services
5.0(
7
)

Serving Potomac, MD and surrounding areas

Approved

In business since 2006

Customers say: Quick response

"The owner explains everything in details how the appraisal works, doesnâ t mind how much time we talk on the phone and in person. The report is very well written and presented to me on time as promised. The report serves my intended purpose."
Response time6 hrs
Response rate94%
1 neighbors recently requested a quote
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Property Appraiser questions, answered by experts

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.

A koi pond may add value to your home if it’s a feature sellers are looking for. Like pools, ponds can affect your property value depending on their condition, whether they’re a popular selling point, and how well they’re incorporated into your home’s landscape.

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.

While there’s technically no limit to the dollar amount you can borrow for a home addition, the standard limit is around 80% of the value the addition is expected to add to your home. That means you could feasibly borrow up to $80,000 if an appraiser determines that the addition or bump out will add $100,000 in value to your property. You might also be limited by your debt-to-income ratio or credit score.

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 Potomac, MD homeowners’ guide to property appraisals

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

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