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

Serving Mayer, 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
32 neighbors recently requested a quote
Recommended by92%of homeowners
Avatar for Akrivis Real Estate Valuations
Akrivis Real Estate Valuations
4.1(
35
)

Serving Mayer, MN and surrounding areas

Approved (Corporate)

In business since 2018

Credit card accepted

Offers commercial services

"Hired to do valuation of a manufactured home - not on land. Gave appraisal comparison properties included land. therefore not an accurate valuation. Thought salesperson understood nuance."
Restaurant
Response time5 hrs
Response rate89%
1998 neighbors recently requested a quote
Avatar for Edge Home Finance
Edge Home Finance
5.0(
27
)

Serving Mayer, 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
Avatar for Marketplace Housing
Marketplace Housing
4.3(
11
)

Serving Mayer, MN and surrounding areas

In business since 2003

Free estimates

Emergency services offered

"Marketplace Homes has managed two residential rental properties for me, and everything has always been very easy. They coordinate showings, negotiated rent with tenants, and hired contractors as needed at each property. I would use them for any rental property I have in the future!"
Recommended by77%of homeowners
Avatar for Mauzy Properties
Mauzy Properties
5.0(
5
)

Serving Mayer, MN and surrounding areas

Free estimates

Emergency services offered

"I have worked with other management companies in the Twin Cities and NONE compare to the team at Mauzy. The value of their services is superior to the others. They are personable, responsive, accurate, and helpful. The most important thing when hiring a management company is their ability to attract quality tenants and keep them happy. Mauzy is a fantastic partner to my business and I can not recommend them enough. Save your time and money and make Chris and his team your first call."
Recommended by100%of homeowners
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Property Appraiser questions, answered by experts

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.

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.

An FHA appraisal is valid for 180 days from the effective date of the report. In some cases, you can have the appraisal recertified if you make your request before the original expires so that you still may obtain an FHA loan. If approved, your appraisal update is valid for one year.

Whether a scullery is worth it depends on how much you like to cook and entertain. If you frequently host gatherings—a scullery is likely worth the money. If you’re looking for ROI, it’s not so clear. It may not add significant value to your home, as it doesn’t increase square footage and may repurpose space that a buyer would have preferred to remain as-is (like a laundry room). 

Your home insurance company may allow you to use an appraisal instead of an inspection when you apply for coverage. Keep in mind that despite this, an appraisal is far less detailed than the different types of home inspections available and may not reveal potential risks that you’ll want to know about.

The Mayer, MN homeowners’ guide to property appraisals

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