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*The Angi rating for Property Appraisal companies in Preston, 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 Preston, 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 November 06, 2024

Find Property appraisers in Preston

Avatar for Akrivis Real Estate Valuations
Akrivis Real Estate Valuations
4.1(
36
)

Serving Preston, MD and surrounding areas

Approved (Corporate)

In business since 2018

Credit card accepted

Offers commercial services

"I was looking to defend myself in a divorce. This appraisal helps me to pay less."
Restaurant
Response time5 hrs
Response rate89%
1974 neighbors recently requested a quote
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Avatar for Erin Wallace Appraisal Service
Erin Wallace Appraisal Service
3.9(
30
)

Serving Preston, MD and surrounding areas

In business since 2000

Free estimates

Emergency services offered

"Mr. Wallace did the appraisal as thorough as was expected. He was punctual, professional , pleasant to work with . I would suggest him to friends & neighbors."
WATERFRONTAGE
VIEWS
SHORE LINE
POOL
FRONT

+3

Response time1 day
Response rate94%
Recommended by88%of homeowners
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Avatar for Faulkner Appraisal Svcs
Faulkner Appraisal Svcs
5.0(
2
)

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
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Property Appraiser questions, answered by experts

Depending on the size of the home, the appraisal itself can take several hours. After the appraiser’s visit is complete, it can take between a few days and a few weeks to get the report back. This timeline is largely dependent on the appraiser’s workload, research requirements, efficiency, and other factors.

While there's not a lot of definite research, some experts suggest that an in-ground or wall-mounted basketball hoop can add value to your home by increasing curb appeal. In addition, having a basketball hoop is an attractive feature of a house since it promotes physical activity, especially for children.

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.

The differences between market value and appraised value depend on the local market, so they can match, or either one can be higher than the other. In a “seller’s market,” where there is an abundance of buyers, market value will likely sit higher than the appraised value because there’s more demand for the low inventory of homes. In a “buyer’s market,” where there are more homes than there are buyers, the market value is more likely to sit below the appraised value to entice buyers.

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.

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.

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