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Find Property appraisers in Cambridge

Avatar for Edge Home Finance
Edge Home Finance
5.0(
27
)
Appraisal - Real Estate

Serving Cambridge, MN and surrounding areas

In business since 2011

Free estimates

Emergency services offered

"We worked with Tom at Edge Home Finance after our first lender gave us some difficulty with the appraisal. Tom coordinated a new appraisal and had the loan ready to close in record time. There weren't any snags in the underwriting process and communication was fast and accurate."
Recommended by100%of homeowners
Avatar for Mauzy Properties
Mauzy Properties
5.0(
5
)
Appraisal - Real Estate

Serving Cambridge, MN and surrounding areas

Free estimates

Emergency services offered

"We have been working with Chris for a little over four years. As a rental property manager he's phenomenal: He understands how important it is to keep both our tenants and ourselves happy and informed. No matter what day it is, whether it's a Sunday or a holiday, Chris will promptly respond to requests from either tenants or owners. His crew is also great at responding on issues with our tenants. He will not bother you with little stuff, he'll just get things done... But if he believes you need to be aware of a major repair or replacement, he'll request approval from you. His judgement on these kind of decisions has been flawless. He's fully earned our complete trust in him. While we've only had him as our property manager, we recommended him to my dad and I witnessed his unbelievable skills as a real estate agent. He promised my dad his house would sell on a certain timeframe and he delivered. He also helped my dad negotiate on his new home and now manages my dad's rental too. I hear many compliments coming from my dad all the time, the compliments that represent what we already knew about him: proactive, transparent, efficient, no-nonsense, honest, respectful and friendly. We are very lucky to have Chris as our property manager. You can rest assured he'll always be on top of things and keep you and your tenants happ"
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.

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.

Wainscoting isn’t a design element that can be directly tied to an increased house price. Despite that, it is a highly marketable element that can generate significant interest from potential buyers who enjoy the style, and is relatively inexpensive to remove for those who don’t. If you are on the fence about paneling, just know that it certainly wouldn’t result in depreciation of your home’s value—usually the opposite. 

Some appraisers hold a Member of the Appraisal Institute designation. This accolade is the highest credential property appraisers can earn. An MAI appraisal is typically used for commercial properties.

While your lender will likely recommend an appraiser, you can also hire a professional home appraiser on your own. Choose someone who is experienced in your type of residential property, and ensure they hold all of the necessary credentials that your state or region requires.

In most cases, you can expect home automation to boost your home value. This technology makes the homeowner’s life easier and more comfortable, and some provide increased safety and protection. Buyers will likely recognize value in security systems and utility monitors, as well as comfort-focused upgrades that save on electric bills while keeping interior rooms at the desired temperature and humidity. On average, you can expect a 50% and 75% return on investment on home automation services, and potentially even more if the automation reduces homeowner’s insurance.

The Cambridge, MN homeowners’ guide to property appraisals

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