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TRUSTED BY BLOOMFIELD, MI HOMEOWNERS

  • Average homeowner rating star icon4.5
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  • Verified reviews icon46
    Verified property appraisals reviews

Find Property appraisers in Bloomfield

Avatar for Akrivis Real Estate Valuations
Akrivis Real Estate Valuations
3.9(
28
)
Appraisal - Real Estate

Serving Bloomfield, MI 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
2044 neighbors recently requested a quote
Recommended by16%of homeowners
Avatar for Greg Bagnik
Greg Bagnik
4.7(
375
)
Appraisal - Real Estate

Serving Bloomfield, MI and surrounding areas

In business since 1998

Free estimates

Credit card accepted

"Greg was very quick to respond to our initial inquiry. Scheduling the appraisal was smooth and easy, he met us promptly on the date/time agreed. He completed the appraisal and report very efficiently. We feel his work was excellent and the cost very reasonable. He is easy to correspond with; via phone, text, and email., We would definitely contact him again for any future appraisal needs."
Response time10 mins
Response rate100%
Recommended by96%of homeowners
Avatar for At ease home inspection
At ease home inspection
5.0(
9
)
Appraisal - Real Estate

Serving Bloomfield, MI and surrounding areas

In business since 2017

Free estimates

Emergency services offered

"Called At Ease Home Inspection with little notice regarding a home inspection that I needed for a new home. Brandon was able to come out the following day first thing in the morning. He provided a through home inspection for a great price. I would definitely recommended At Ease Home Inspection to friends and family for the quality and price, you can not go wrong."
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Recommended by100%of homeowners
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Property Appraiser questions, answered by experts

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 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.

Mobile homes weigh anywhere between 45 to 50 pounds per square foot. Some newer options weigh up to 70 pounds per square foot. An average single-wide mobile home weighs 45,000 pounds, and a double-wide mobile home weighs about 70,000 pounds. Triple-wide mobile homes range from 90,000 to 100,000 pounds.

While there’s technically no limit to the dollar amount you can borrow for a home addition, the standard limit is around 80% of the value the addition is expected to add to your home. That means you could feasibly borrow up to $80,000 if an appraiser determines that the addition or bump out will add $100,000 in value to your property. You might also be limited by your debt-to-income ratio or credit score.

Appraisals can come in above or below the list price or offer price for a property, and where it falls depends on many factors. Those include the condition of the property, the location, and the age of the home, but often, the condition of the market is the biggest determining factor. Where demand is high for properties, buyers compete with each other for homes, which tends to drive up offer prices above where appraisals come in. Where demand is low, you’ll often see the opposite happening.

The Bloomfield, MI homeowners’ guide to property appraisals

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