Get matched with top property appraisers in Silver Spring, MD

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4.4

(47 reviews)

Top-rated property appraisers.

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FAB Appraisals
4.5(
97
)

Serving Silver Spring, 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
Avatar for Akrivis Real Estate Valuations
Akrivis Real Estate Valuations
3.9(
28
)

Serving Silver Spring, MD and surrounding areas

Approved

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 time6 hrs
1980 neighbors recently requested a quote
Recommended by16%of homeowners
Avatar for Majestic Appraisal Services
Majestic Appraisal Services
5.0(
7
)

Serving Silver Spring, 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%
Recommended by100%of homeowners
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Property Appraiser questions, answered by experts

Yes, the age of your home can impact its value. However, age is just one of many factors that will have an effect. An older home may be perceived as needing more work and maintenance, but if you’ve kept up with repairs or done any renovations, this will increase its value. Buyers will also consider the size of the house, location, and how nearby homes are priced. Lastly, value also depends on whether it’s a buyer or seller’s market.

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.

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). 

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.

While a finished basement adds value to your home, it is assigned a different value than space on the main floors. An appraiser will assess the square footage of a finished basement at about 50% to 60% of the value of the square footage for the rest of your home. Appraisal value for a finished basement depends on your location’s real estate market and the specifics of the basement and how it was finished. 

The Silver Spring, MD homeowners’ guide to property appraisals

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