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Mora Real Estate Appraisal Service, LLC
4.9(
17
)
Appraisal - Real Estate

Serving Newton, NC and surrounding areas

In business since 2001

Free estimates

Credit card accepted

"Wendy was very through and professional. She arrived on time and explained the appraisal process. She returned an appraisal report back to us in 72 hours based on current comps demonstrating the value of our home and property. I highly recommended her if you need your home appraised."
Response time2 hrs
Recommended by100%of homeowners
Preferred Appraisals, LLC
4.8(
4
)
Appraisal - Real Estate

Serving Newton, NC and surrounding areas

In business since 2000

We're a locally owned and operated company that values honesty and integrity and treats your home as if it were our own. We offer over 20 years of industry experience and a variety of home appraisal services that are customizable to each individual home. We specialize in real estate appraisals. We look forward to building lasting relationships and guarantee your satisfaction! \n \n

Response time1 day
Recommended by100%of homeowners
Avatar for B.A. Smith Home Appraisal
B.A. Smith Home Appraisal
5.0(
1
)
Appraisal - Real Estate

Serving Newton, NC and surrounding areas

In business since 2007

B.A. Smith Home Appraisal is a locally owned and operated company that values honesty and integrity in all aspects of our business. Our dedicated team of professionals have over 11 years of hands on experience. Please feel free to contact us today!

Response time40 mins
Response rate100%
Recommended by100%of homeowners
Property Appraiser questions, answered by experts

A koi pond may add value to your home if it’s a feature sellers are looking for. Like pools, ponds can affect your property value depending on their condition, whether they’re a popular selling point, and how well they’re incorporated into your home’s landscape.

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

In cases where an appraisal comes in lower than an offer price, sellers might opt to lower their asking price to meet the appraisal, especially if the market is slow, and replacing the offer with a higher one may take a long time. Sellers can also offer to make repairs to boost the appraised value, hire another appraiser to get a second opinion, or just move on to another offer that isn’t contingent on the buyer getting a mortgage or an appraisal inspection.

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.

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.

The Newton, NC homeowners’ guide to property appraisals

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