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  • Average homeowner rating star icon4.7
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  • Verified reviews icon41
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Find Property appraisers in Midland

K & C Appraisals, Inc.
4.8(
83
)
Appraisal - Real Estate

Serving Midland, NC and surrounding areas

Approved

In business since 1993

Free estimates

Credit card accepted

"The appraiser was communicative and was considerate and flexible of my tight schedule. The appraiser was informative, thorough and efficient. There was very detailed explanation to questions that I had, which will be helpful as I present with real estate valuation as executor of an estate. Highly recommend."
Recommended by100%of homeowners
Avatar for Stegall Appraisal Company Inc
Stegall Appraisal Company Inc
5.0(
1
)
Appraisal - Real Estate

Serving Midland, NC and surrounding areas

Approved

In business since 2020

Customers say: Quick response

We are 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.Appraisal Purposes: Estates, Home Loans, Market Value for Buyers or Sellers. \n\nNote: I do not appraise properties that require Court Testimony such as Equitable Distribution (Divorce).

Response time1 day
Recommended by100%of homeowners
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Property Appraiser questions, answered by experts

The average cost for a home or property appraisal is about $355, with prices typically ranging from $250 to $500. The final cost is influenced by several factors, including the property's size, age, location, and how it compares to other homes in the area. Appraisals for larger, older, or non-conforming properties often cost more. While a single-family home appraisal usually costs between $300 and $400, appraising a multi-family home can range from $500 to $1,000 due to its increased size and complexity.

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

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.

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.

While there’s technically no limit to the dollar amount you can borrow for a home addition, the standard limit is around 80% of the value the addition is expected to add to your home. That means you could feasibly borrow up to $80,000 if an appraiser determines that the addition or bump out will add $100,000 in value to your property. You might also be limited by your debt-to-income ratio or credit score.

The Midland, NC homeowners’ guide to property appraisals

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