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TRUSTED BY SILVER SPRING, MD HOMEOWNERS

  • Average homeowner rating star icon4.4
    Average homeowner rating
  • Verified reviews icon47
    Verified property appraisals reviews

Find Property appraisers in Silver Spring

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
Avatar for Alpha Appraisers, LLC
Alpha Appraisers, LLC
4.8(
61
)

Serving Silver Spring, MD and surrounding areas

In business since 2018

Free estimates

"Gus is businesslike and prompt. He was able to arrange an appointment within a few days of my contacting him and he produced the appraisal materials within a week. He also recommended a team to do some work for me and they were also exactly what I needed at the time and they did their work in a professional and timely fashion."
Victorian House
Exterior
Exterior
Interior
Response time4 hrs
Recommended by96%of homeowners
Avatar for Marc Dosik - Fed City Team at Real Broker LLC
Marc Dosik - Fed City Team at Real Broker LLC
5.0(
122
)

Serving Silver Spring, MD and surrounding areas

In business since 1998

Free estimates

"I consulted with several leading Real Estate firms in Northern Virginia to determine the best selling price for my home of all these firms Marc Dosik was the most knowledgeable about the current housing market which led to me selling my home for thousands of dollars more that had I gone with the other Real Estate firms. He also was the most organized and professional when it came to showing and closing on the property. If I was selling another property in Northern Virginia I clearly would call on Marc again."
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+6

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

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.

Estate shutters are considered a high-end window treatment that increases home value. As previously mentioned, this project comes with an ROI of up to 75%. Shutters can also improve your home’s energy efficiency, especially if you choose PVC or faux wood shutters, which will lead to long-term savings on your energy bills.

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. 

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

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.

The Silver Spring, MD homeowners’ guide to property appraisals

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