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Avatar for Archway Appraisals, LLC
Archway Appraisals, LLC
5.0(
1
)
Appraisal - Real Estate

Serving Warrenton, MO and surrounding areas

Approved

In business since 2008

Free estimates

Customers say: Quick response

Thank you for choosing Archway Appraisals, LLC. I have been proudly providing appraisals for over 8 years after spending several years as a realtor. That real estate background has given me great insight into the appraisal process and allows me to give very well-informed market value opinions. Whether you are planning on buying, selling, disputing taxes, going through a divorce, handling your family estate, there is only one name to call for your appraisal, Julie at Archway Appraisals, LLC. I look forward to talking to you today.

WILDWOOD
Country mountain home
LADUE
O'FALLON
CREVE COUER

+5

Response time12 hrs
Recommended by100%of homeowners
The Realty Appraiser
New to Angi
Appraisal - Real Estate

Serving Warrenton, MO and surrounding areas

In business since 2001

Free estimates

Emergency services offered

The Realty Appraiser 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 customers' interests, and make their concerns the basis of our business.

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Property Appraiser questions, answered by experts

While some aspects of an appraisal, such as comparable properties nearby, are out of your control, there are several steps you can take to potentially increase your home's value. Make any necessary repairs and upgrades before the appraiser's visit, as they can only value what is currently part of the home, not its potential. Examples include renovating older areas, updating landscaping to boost curb appeal, and staging your home. You can also provide the appraiser with the cost of recent upgrades, which may increase your home's value by about 50% or more of what you paid for those improvements.

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.

A property valuation, sometimes called a comparative market analysis or CMA, provides a real estate expert’s opinion on how much your property will sell for. It takes many things into consideration, like the condition and location of the home, but ultimately, all that matters for a property valuation is what a buyer might be willing to pay for the property. An appraisal is more concerned with determining the value. A valuation is to estimate what you’ll get for a property, while an appraisal helps a lender establish loan-to-value ratios and loan amounts.

The entire appraisal process takes from seven to 10 days. This timeline accounts for the many steps of the appraisal process, including the post-inspection report completed by the appraiser.

Home appraisal services include the following tasks:

  • Inspect home interior and exterior

  • Evaluate materials, features, fixtures, and renovations

  • Review comparable properties

  • Write an appraisal report

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.

The Warrenton, MO homeowners’ guide to property appraisals

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