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AREAS Appraisals
5.0(
11
)
Appraisal - Real Estate

Serving Foreston, MN and surrounding areas

In business since 1999

Free estimates

Emergency services offered

"Craig Hansen did a great job appraising our downtown Mpls condo, prompt on all appointments and walk through. He was very thorough in documentation and comps for this real estate appraisal, fast final report, was supplied with digital and printed documents. I would highly recommend Craig for your real estate appraisals."
Response time2 days
Response rate100%
Recommended by100%of homeowners
Avatar for Edge Home Finance
Edge Home Finance
5.0(
27
)
Appraisal - Real Estate

Serving Foreston, MN and surrounding areas

In business since 2011

Free estimates

Emergency services offered

"We chose Tom Ahles because of our unusual and unique circumstance as a business owner. Our financing process required a non-traditional analysis of how we operate our finances. Tom held our hand in coaching us through the process, over explained every question we had, and did so in an informative manner. We had a time crunch, Tom managed it, we had unique accounts, yet Tom was capable of making it work. I appreciate Tom, and you will feel proud when you contract his team for your mortgage service, they're all professional - timely - and approachable."
Recommended by100%of homeowners
Avatar for Mauzy Properties
Mauzy Properties
5.0(
5
)
Appraisal - Real Estate

Serving Foreston, 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
Avatar for Construction As Investment LLC
Construction As Investment LLC
4.0(
41
)
Appraisal - Real Estate

Serving Foreston, MN and surrounding areas

In business since 2004

Emergency services offered

Credit card accepted

"He was very quick to respond to my calls, and once we decided we'd like him to come out to our house for an estimate he was out to our house the next morning (he conveniently had another client meeting in the area). He seemed knowledgeable and provided insight into what finishing my basement would entail. One particularly important thing he noticed is that the ceiling height in some areas of the basement were a couple inches shy of being "up to code." I was glad he was looking out for potential issues already - it shows his ability to plan ahead and account for possible road blocks.  Aside from that, his prices seemed very reasonable! If, or rather  when, I begin doing my basement remodel (which will now likely not be until next summer) I will definitely be keeping Vitaly in mind for the job.
"
7332 Fremont
1609 84th Ave
2717 84th Ave Brooklyn Park
Recommended by81%of homeowners
Lohman Appraisals, LLC
5.0(
2
)
Appraisal - Real Estate

Serving Foreston, MN and surrounding areas

In business since 1993

Free estimates

Lohman Appraisals, LLC, 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 customer's interests and make their concerns the basis of our business. Please, give us a call today!

Response time7 hrs
Recommended by100%of homeowners
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Property Appraiser questions, answered by experts

Yes, the age of your home can impact its value. However, age is just one of many factors that will have an effect. An older home may be perceived as needing more work and maintenance, but if you’ve kept up with repairs or done any renovations, this will increase its value. Buyers will also consider the size of the house, location, and how nearby homes are priced. Lastly, value also depends on whether it’s a buyer or seller’s market.

Ideally, you’d never pay more than the appraised value for a home, but there are some instances where it makes sense to do so. For example, if your current living arrangements are no longer viable and you need a place to move into quickly, paying more than the appraised value might be in your best interest to secure a new home. Additionally, if you’re buying in a hot market, overpaying for the home might be necessary to overcome the competition.

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 purpose of the home appraisal determines which party pays for it. You’re generally responsible for the cost if you need to know the current value of your home to refinance your mortgage, though in some instances the lender will pay for it. The buyer pays for the appraisal when they are applying for their mortgage.

In cases where an appraisal comes in lower than an offer price, sellers might opt to lower their asking price to meet the appraisal, especially if the market is slow, and replacing the offer with a higher one may take a long time. Sellers can also offer to make repairs to boost the appraised value, hire another appraiser to get a second opinion, or just move on to another offer that isn’t contingent on the buyer getting a mortgage or an appraisal inspection.

The Foreston, MN homeowners’ guide to property appraisals

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