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  • Verified reviews icon25
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Find Property appraisers in Excelsior

Avatar for Parkway Appraisals, Inc.
Parkway Appraisals, Inc.
4.8(
67
)
Appraisal - Real Estate

Serving Excelsior, MN and surrounding areas

Approved

Super Service Award Winner

In business since 2008

Free estimates

Credit card accepted

"Tim was great. Very friendly, punctual, good customer service. The actual property appraisal itself (very subjective in nature), I felt, was quite low in value compared to what I expected. I was expecting my property to appraise much higher. Thankfully, I stuck with my gut when listing my home for sale."
Response time11 hrs
35 neighbors recently requested a quote
Recommended by92%of homeowners
Avatar for Mill City Appraisals, LLC
Mill City Appraisals, LLC
4.7(
16
)
Appraisal - Real Estate

Serving Excelsior, MN and surrounding areas

Approved

In business since 2021

Free estimates

Credit card accepted

"Kyle did a great job. He came in with a credible appraisal that allowed us to avoid an outrageously high proposed increase in valuation. We were the able to work with the city to agree on a "concurrence" - an agreed valuation. He also was very respectful of us and our property while doing the appraisal."
Response time4 hrs
5 neighbors recently requested a quote
Recommended by100%of homeowners
Avatar for KNR Realty & Appraisal, Inc.
KNR Realty & Appraisal, Inc.
New to Angi
Appraisal - Real Estate

Serving Excelsior, MN and surrounding areas

Approved

In business since 2001

Free estimates

Small jobs welcome

KNR Realty & Appraisal, Inc. is committed to excellence in every aspect of our business. We uphold a standard of integrity bound by fairness, honesty, and personal responsibility. Our distinction is the quality of service we bring to our customers. Accurate knowledge of our trade combined with ability is what makes us true professionals. Above all, we are watchful of our customers' interests, and make their concerns the basis of our business.\n\n

Response time3 hrs
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Property Appraiser questions, answered by experts

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.

As a seller, it might feel tempting to skip the appraisal, especially in a hot market that sees a lot of all-cash offers. While you can technically forgo it and hope for an all-cash offer, you’ll likely have a very tough time selling without an appraisal. 

In addition to protecting lenders from risk, appraisals also protect buyers’ investments. As such, it isn’t typically recommended for buyers to skip appraisals.

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.

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

Whether or not new windows increase property taxes depends on where you live and by how much your upgrade increases your home’s value. Smaller projects likely won’t result in increased property taxes, but it’s always a good idea to err on the side of caution and check. Contact your local county appraisal department for the most accurate information about property taxes in your area. 

The Excelsior, MN homeowners’ guide to property appraisals

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