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Avatar for The Maine Appraisal Company
The Maine Appraisal Company
4.8(
7
)

Serving Wayne, ME and surrounding areas

Approved

In business since 2021

Free estimates

Credit card accepted

"I have worked with over a 100 appraisers and Thom is the most thorough I've worked with. Thom is truly dedicated to his craft and a true professional."
Response time1 day
Response rate87%
1 neighbors recently requested a quote
Avatar for New England Home Renovations LLC
New England Home Renovations LLC
4.0(
311
)

Serving Wayne, ME and surrounding areas

In business since 1983

Free estimates

Emergency services offered

"Everything went wonderfully with this company.  They were very professional, listened to exactly what my problem was, and explained to me how they were going to diagnose the problem and/or solve it before doing any actual work.  Once they started, the team (three people came) worked together like a well-oiled machine.  One was in the room with diagnostics, one was at the fuse box looking for possible problems there, and the third went into the crawlspace beneath our house to look at the physical wiring.  Once the problem was found (there was a faulty wire beneath the house that had come loose from the junction box), it was fixed and tested within minutes and another full diagnostic was done to make sure there were no other possible issues.  They cleaned up after themselves very neatly.  They also replaced the light switch with a dimmer switch at no extra cost!  Well within my budget, and came in even lower than their original (FREE) estimate!  I would highly recommend this company to anyone in the Bergen County area.
"
Before
After's
New boiler install
Removal of cast Iron to PVC.
Additional Photos

+37

Recommended by89%of homeowners

FAQs for property appraisal projects in Wayne, ME

An appraisal is an opinion of value, so anything that is expected to boost your home value is likely to work in your favor when it comes to the appraisal. Things like improving your curb appeal, painting, refinishing floors, and taking care of minor repairs are all good investments prior to ordering an appraisal. It’s also a good idea to clear out any clutter and complete a deep clean beforehand to show your property in the best light possible.

Appraisals aren’t required by law to complete a real estate transaction, but it’s unlikely that a lender will allow a buyer to close on a property without an appraisal, so, effectively, they are usually required. Your mortgage lender uses the property as collateral for your loan, and the appraisal is what the lender will base the mortgage on to confirm the value is there to justify their investment.

The average cost of a property appraisal is around $355, but different appraisers in your area could charge anywhere from $250 to $500. Appraisals for larger properties will often cost more, as will valuations for older properties. Appraisers will use homes in the surrounding area to help determine a valuation as well, so if your home doesn’t conform to the neighborhood standards, the valuation will require more work and will likely cost more.

A licensed appraiser is the only individual that can carry out a property appraisal. You should always check to ensure an appraiser you’re considering has the proper licensing from your state. Additionally, since an appraisal is meant to be an unbiased opinion of a property’s value, you should confirm that the appraiser doesn’t have ties to any other party in the sale of the property.

Anyone can hire a property appraiser to confirm the inherent value of a property, but the buyer or buyer’s lender will usually choose the appraiser and pay the individual for their opinion. It’s also not uncommon for the seller’s side in a real estate transaction to hire an appraiser in order to justify an asking price or negotiate a higher selling price.

The Wayne, ME homeowners’ guide to property appraisals

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