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TRUSTED BY LEONARD, MI HOMEOWNERS

  • Average homeowner rating star icon4.6
    Average homeowner rating
  • Verified reviews icon34
    Verified property appraisals reviews

Find Property appraisers in Leonard

Avatar for Greg Bagnik
Greg Bagnik
4.7(
375
)
Appraisal - Real Estate

Serving Leonard, 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 Leonard, MI and surrounding areas

In business since 2017

Free estimates

Emergency services offered

"I would recommend At Ease Home Inspection to any one who is need of a home inspection. The gentlemen who came out to my home was very prompt, efficient, and professional. They made The Whole process of a home inspection stress and pain free."
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Recommended by100%of homeowners
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Property Appraiser questions, answered by experts

Both conventional loans and FHA loans are types of mortgages, but they have a few key differences. Conventional loans are backed by private lenders without any government backing, and FHA loans are guaranteed by a government agency. FHA loans are designed to be easier for borrowers with low credit scores or income to qualify for.

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 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

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

Depending on the size of the home, the appraisal itself can take several hours. After the appraiser’s visit is complete, it can take between a few days and a few weeks to get the report back. This timeline is largely dependent on the appraiser’s workload, research requirements, efficiency, and other factors.

The Leonard, MI homeowners’ guide to property appraisals

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