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Verified Reviews for Property Appraisal pros in Loretto, MN

*The Angi rating for Property Appraisal companies in Loretto, MN is a rating based on verified reviews from our community of homeowners who have used these pros to meet their Property Appraisal needs.

*The HomeAdvisor rating for Property Appraisal companies in Loretto, MN is a rating based on verified reviews from our community of homeowners who have used these pros to meet their Property Appraisal needs.

Last update on June 23, 2026

Find Property appraisers in Loretto

Avatar for Parkway Appraisals, Inc.
Parkway Appraisals, Inc.
4.8(
67
)

Serving Loretto, 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
36 neighbors recently requested a quote
Recommended by92%of homeowners
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Avatar for Mill City Appraisals, LLC
Mill City Appraisals, LLC
4.7(
16
)

Serving Loretto, 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
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Avatar for Akrivis Real Estate Valuations
Akrivis Real Estate Valuations
3.9(
28
)

Serving Loretto, MN and surrounding areas

Approved

In business since 2018

Credit card accepted

Offers commercial services

"I was looking to defend myself in a divorce. This appraisal helps me to pay less."
Restaurant
Response time6 hrs
1996 neighbors recently requested a quote
Recommended by16%of homeowners
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Avatar for Edge Home Finance
Edge Home Finance
5.0(
27
)

Serving Loretto, 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
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Showing 1-10 of 35
Property Appraiser questions, answered by experts

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

While a finished basement adds value to your home, it is assigned a different value than space on the main floors. An appraiser will assess the square footage of a finished basement at about 50% to 60% of the value of the square footage for the rest of your home. Appraisal value for a finished basement depends on your location’s real estate market and the specifics of the basement and how it was finished. 

Yes, appraisals are often used for property tax appeals, estate planning, and determining market value.

Appraisals can come in above or below the list price or offer price for a property, and where it falls depends on many factors. Those include the condition of the property, the location, and the age of the home, but often, the condition of the market is the biggest determining factor. Where demand is high for properties, buyers compete with each other for homes, which tends to drive up offer prices above where appraisals come in. Where demand is low, you’ll often see the opposite happening.

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 Loretto, MN homeowners’ guide to property appraisals

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

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