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Avatar for Jabrail Appraisal Services LLC
Jabrail Appraisal Services LLC
4.4(
7
)

Serving Dewitt, MI and surrounding areas

Approved

Super Service Award Winner

In business since 2012

Credit card accepted

Offers commercial services

"I had a great experience with Jabrail Appraisal Service. From start to finish, they were professional, friendly, and easy to work with. The appraiser arrived on time, explained the process clearly, and delivered a detailed and accurate report in a timely manner. Their attention to detail and clear communication gave me full confidence in the results. It’s clear they take pride in their work, and I truly appreciated their reliability and expertise. I highly recommend this service to anyone in need of a trustworthy and professional real estate appraiser."
Response time11 hrs
18 neighbors recently requested a quote
Allstate Appraisers
5.0(
3
)

Serving Dewitt, MI and surrounding areas

In business since 1994

Free estimates

Credit card accepted

"Todd Aldrich from Allstate Apprairsers contacted me within minutes, and we set an appt. He arrived on time and spent 2 hours touring our property and residence. He took a lot of photos and already knew our tax apr. He was very thorough, measuring every room. He found 4 comparable homes in our area. It took one week to receive his report, as agreed. We are very pleased with his findings, and it has helped us set a price on our home, which we intend to sell. He was very professional, we would highly recommend his service, if you should require an appraisal. Mike & Dawn B."
Response time7 hrs
Recommended by100%of homeowners
Avatar for Marketplace Housing
Marketplace Housing
4.3(
11
)

Serving Dewitt, MI and surrounding areas

In business since 2003

Free estimates

Emergency services offered

"Office staff is always available for help. No job is too small or too big. They are responsive to our needs for service requests from roofing to foundations. All aspects of home repairs have been done professionally and in a timely manner. I would recommend Marketplace Homes for all your property management needs regarding property repairs and maintenance."
Recommended by77%of homeowners
Avatar for Top Tier Appraisals
Top Tier Appraisals
5.0(
1
)

Serving Dewitt, MI and surrounding areas

In business since 2020

Free estimates

Credit card accepted

At Top Tier Appraisals, our company is based on the belief that our customers' needs are of the utmost importance. Our team is committed to meeting those needs. We welcome the opportunity to earn your trust and deliver you the best service. No job is too big or too small for our experienced team. Call today for a quote!\n

Response time2 days
Recommended by100%of homeowners
Cheryl Petryczkowycz
5.0(
1
)

Serving Dewitt, MI and surrounding areas

In business since 2004

We take great pride in our experience, expertise, quality, and customer service that we provide to meet the consumer's needs. It is our mission to provide excellent workmanship and complete customer satisfaction from start to completion of a project. In order to understand the needs and expectations of our customers, we take great care to work and communicate with every customer in a professional manner. Our reputation is based on service, safety, and quality, regardless of how large or small the job.

Recommended by100%of homeowners
Brunette Appraisal Company, Inc.
5.0(
1
)

Serving Dewitt, MI and surrounding areas

In business since 1985

Free estimates

VETERAN OWNED. 6 Years serving in the US Military. Larry Brunette has over 31 years of experience in the industry. Previously worked in the banking industry as a bank officer, branch manager and loan officer. Licensed Real Estate Broker and Licensed Certified Real Estate Appraiser. I am the go-to appraiser for the greater Lansing area! I provide quality services done correctly the first time and take the time to ensure a quality appraisal. I work with both lenders, homeowners and attorneys and I am very excited to get started working for you today!

Response time8 hrs
Response rate87%
Recommended by100%of homeowners
Showing 1-10 of 18
Property Appraiser questions, answered by experts

An FHA appraisal is valid for 180 days from the effective date of the report. In some cases, you can have the appraisal recertified if you make your request before the original expires so that you still may obtain an FHA loan. If approved, your appraisal update is valid for one year.

The cost to appraise a home depends on the type. Common types include:

  • Single-family homes: $300–$400

  • FHA or VA single-family homes: $400–$500

  • Condominium: $300–$500

  • Multi-family home: $500–$1,000

  • Apartment building: $1,500–$3,000

  • Commercial properties: $1,400–$10,000

  • Raw land: $1,000–$8,000

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. 

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.

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.

The Dewitt, MI homeowners’ guide to property appraisals

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