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Avatar for Akrivis Real Estate Valuations
Akrivis Real Estate Valuations
4.3(
68
)
Appraisal - Real Estate

Serving Preston, MD and surrounding areas

Approved (Corporate)

In business since 2018

Credit card accepted

Offers commercial services

"The process was easy, and pricing options were provided up fromt. They gave clear instructions about what they needed for the appraisal. They provided an appraisal quickly, with a nice turn around time. I would call this company again next I need an appraisal."
Restaurant
Response time5 hrs
Response rate89%
1308 neighbors recently requested a quote
Avatar for Faulkner Appraisal Svcs
Faulkner Appraisal Svcs
5.0(
2
)
Appraisal - Real Estate

Serving Preston, MD and surrounding areas

In business since 1987

Free estimates

Credit card accepted

RESIDENTIAL REAL ESTATE APPRAISALS ONLY FOR OVER 30 YEARS. We specialize in providing professional real estate valuation services. Appraisal reports are prepared with the precision that the industry demands and cover all major property types. All of our assignments comply with the Uniform Standards of Professional Appraisal Practice. Consequently, we do not accept assignments with contingencies such as: The amount of the value opinion predetermined or minimum values; The attainment of a stipulated result; The occurrence of a subsequent event directly related to the appraiser's opinions and specific to the assignment results; Any assignment condition that might encourage, or result in, unethical behavior on the part of the appraiser or third parties.\n\nWe currently only offer residential appraisals, we do not offer commercial appraisals. Thank you

Response time1 day
Recommended by100%of homeowners
Showing 1-10 of 13
Property Appraiser questions, answered by experts

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.

Ensure the property is clean, provide access to all areas, and supply relevant documents, such as recent upgrades or tax records.

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.

Your home insurance company may allow you to use an appraisal instead of an inspection when you apply for coverage. Keep in mind that despite this, an appraisal is far less detailed than the different types of home inspections available and may not reveal potential risks that you’ll want to know about.

Whether a scullery is worth it depends on how much you like to cook and entertain. If you frequently host gatherings—a scullery is likely worth the money. If you’re looking for ROI, it’s not so clear. It may not add significant value to your home, as it doesn’t increase square footage and may repurpose space that a buyer would have preferred to remain as-is (like a laundry room). 

The Preston, MD homeowners’ guide to property appraisals

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