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Avatar for Two Lakes Appraisal, LLC
Two Lakes Appraisal, LLC
5.0(
1
)

Serving Vanderbilt, MI and surrounding areas

In business since 2004

Two Lakes Appraisal has been providing quality appraisal services in Northern Central Michigan since 2004. We service many types of appraisal needs including all types of Residential Appraisals including condos, vacant land and 2-4 family residences. We specialize in fair market valuations for Estate and Divorce properties, as well as for Tax Tribunals, in addition to the standard loan servicing services we provide: purchases, refinances, pre-foreclosures, foreclosures, etc. As a company, we offer you services that are of the highest standard and at extremely competitive rates. In these changing times, you need a reliable appraisal company you can trust.\n\nWe provide appraisal services to the following counties: Roscommon, Crawford, Clare, Gladwin and Otsego.

Response time1 day
Recommended by100%of homeowners
American Appraisal Service
0.0(
2
)

Serving Vanderbilt, 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

They provide objective, third-party valuation, guiding fair sales or purchase prices.

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.

You can be present during a home appraisal, but it’s best to stay out of the appraiser’s way. Make yourself available, but don’t engage or interrupt, and don’t discuss value or your target sales price. If possible, have your agent present in the house instead of being present yourself.

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.

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 Vanderbilt, MI homeowners’ guide to property appraisals

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