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  • Verified reviews icon38
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Find Property appraisers in Fridley

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

Serving Fridley, 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
33 neighbors recently requested a quote
Recommended by92%of homeowners
Blue Chip Appraisal Professionals, LLC
5.0(
1
)
Appraisal - Real Estate

Serving Fridley, MN and surrounding areas

Approved

In business since 1990

Free estimates

Customers say: Quick response

We take great pride in our experience, expertise, quality, and customer service that we provide to meet the consumers needs. It is our mission to provide excellent workmanship and complete customer satisfaction. In order to understand the needs and expectations of our customers, we take great care to work and communicate with every customer in a professional manner. Our reputation is based on service, safety, and quality.

Response time6 hrs
Response rate94%
21 neighbors recently requested a quote
Avatar for Edge Home Finance
Edge Home Finance
5.0(
27
)
Appraisal - Real Estate

Serving Fridley, MN and surrounding areas

In business since 2011

Free estimates

Emergency services offered

"The buying of our home was painless with Tom and Edge Home Finance! Thank you again, again and again Tom Ahles for making this happen for our family! You and your team is simply amazing!! This is our dream home and I can't believe it's ours! For anyone reading this, Tom is absolutely wonderful! He will do anything and everything in his power to make sure you and your family are taken care of 100% and we will be referring him to everyone we know!"
Recommended by100%of homeowners
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Property Appraiser questions, answered by experts

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.

Yes, awnings can add value to a home, primarily by boosting its curb appeal and providing more usable outdoor space. While the exact monetary return on investment depends on the awning's size, style, and quality, they offer an excellent appeal factor to potential buyers. For example, an awning with a trendy metal roof can be particularly attractive. Even if the direct increase in resale value is modest, a well-chosen awning enhances the home's functionality and aesthetic.

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.

Foundation cracks won’t always affect your appraised value. All foundations crack due to normal settlement, so hairline cracks that aren’t leaking or uneven from side to side are unlikely to have an impact on your appraisal. Structural cracks, on the other hand, often lead to a reduced appraised value, especially if the underlying problem will cause the issue to worsen over time.

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 Fridley, MN homeowners’ guide to property appraisals

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