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Avatar for Universal Appraisers
Universal Appraisers
5.0(
7
)
Appraisal - Real Estate

Serving Fenwick, MI and surrounding areas

In business since 2002

Free estimates

Credit card accepted

"Very trustworthy with all the information to analyze the value of the property. Very efficient and motivated to do the best job. Excellent communication with clients by phone or email. I would highly recommend universal appraisers!"
Response time2 hrs
Response rate85%
4 neighbors recently requested a quote
Allstate Appraisers
5.0(
3
)
Appraisal - Real Estate

Serving Fenwick, 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
American Appraisal Service
0.0(
2
)
Appraisal - Real Estate

Serving Fenwick, MI and surrounding areas

In business since 1994

American Appraisal Services office is completely computerized, from the moment they take your order until you receive a detailed appraisal report. At any point in the appraisal process they can give you an up to date status report on each assignment. American Appraisal Service prides their team on delivering, efficient, personalized quality service. It their policy to turn all Appraisal assignments around within 10 business days. The office notifies each client of any delay that might prevent them from meeting a deadline. If you so desire we will fax you or email appraisal reports. If and when you have special needs the team will do their best to accommodate. \n\nYou can be assured that each appraisal assignment will be carried out in a thorough, professional manner. American Appraisal Service is ready to serve all your appraisal needs. \n

Property Appraiser questions, answered by experts

Basement bedrooms can count toward your room count and the square footage of your home on an appraisal if they’re fully legal, which means they have proper ventilation and points of egress, as defined by your local building code. Simply partitioning off a space for a bedroom in an otherwise unfinished basement that isn’t a legal living space won’t affect your appraisal value.

A property valuation, sometimes called a comparative market analysis or CMA, provides a real estate expert’s opinion on how much your property will sell for. It takes many things into consideration, like the condition and location of the home, but ultimately, all that matters for a property valuation is what a buyer might be willing to pay for the property. An appraisal is more concerned with determining the value. A valuation is to estimate what you’ll get for a property, while an appraisal helps a lender establish loan-to-value ratios and loan amounts.

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

The cost ranges from $300 to $500, depending on the property's size and location. Due to their complexity, commercial appraisals may cost more.

Around 1-2 weeks, including inspection and reporting time for an official evaluation.

The Fenwick, MI homeowners’ guide to property appraisals

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