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TRUSTED BY MAPLE GROVE, MN HOMEOWNERS

  • Average homeowner rating star icon4.8
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  • Verified reviews icon25
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Find Property appraisers in Maple Grove

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

Serving Maple Grove, 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
Avatar for Edge Home Finance
Edge Home Finance
5.0(
27
)
Appraisal - Real Estate

Serving Maple Grove, MN and surrounding areas

In business since 2011

Free estimates

Emergency services offered

"Tom and Caliber were fast and efficient, making the process seamless and painless. They executed on the timeline and got us a more competitive interest rate. There is no other broker I would work with!"
Recommended by100%of homeowners
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Property Appraiser questions, answered by experts

Both conventional loans and FHA loans are types of mortgages, but they have a few key differences. Conventional loans are backed by private lenders without any government backing, and FHA loans are guaranteed by a government agency. FHA loans are designed to be easier for borrowers with low credit scores or income to qualify for.

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 condition and appearance of your yard can affect your home appraisal value. A well-maintained, attractive yard with curb appeal adds to a property’s value, while an overgrown, messy, poorly maintained yard can hurt your home’s appraisal. Even small cosmetic improvements to your yard, like adding mulch, trimming trees, and cleaning out plant beds, can help your appraisal 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 Maple Grove, MN homeowners’ guide to property appraisals

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