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TRUSTED BY WAKE FOREST, NC HOMEOWNERS

  • Average homeowner rating star icon4.8
    Average homeowner rating
  • Verified reviews icon42
    Verified property appraisals reviews

Find Property appraisers in Wake Forest

Avatar for Creekside Realty and Appraisal
Creekside Realty and Appraisal
4.6(
29
)
Appraisal - Real Estate

Serving Wake Forest, NC and surrounding areas

Approved

In business since 1998

Free estimates

Warranties offered

"Amanda was wonderful. She was able to evaluate my property with a very short notice. The report was very thorough and covered everything I needed. I would use her again and would highly recommend her services to anyone looking for a excellent appraisal of their property."
The Reality
$50 off $450 appraisal
Fuuny
3 story house
Custom  House

+8

Response time2 days
3 neighbors recently requested a quote
Recommended by89%of homeowners
Avatar for Chris Watson Appraisals
Chris Watson Appraisals
5.0(
6
)
Appraisal - Real Estate

Serving Wake Forest, NC and surrounding areas

Approved

In business since 1997

Free estimates

Credit card accepted

"Chris and Jim were both great to work with and took their time making sure our appraisal gave us all the information we needed to list our home. thanks!"
Ranch Transitional
Traditional Ranch
House
Townhouse
Transitional Style House

+1

Response time5 hrs
9 neighbors recently requested a quote
Recommended by100%of homeowners
Avatar for Simpson Real Estate Appraisals, LLC
Simpson Real Estate Appraisals, LLC
4.5(
9
)
Appraisal - Real Estate

Serving Wake Forest, NC and surrounding areas

Approved

In business since 2018

Free estimates

Customers say: Quick response

"Tracy Simpson was very professional throughout the process and the appraisal was thorough and completed in a timely manner. I used the appraisal along with comps from my realtor to confirm my asking price. Although the market is crazy right now, her assessment helped me determine the optimal price to maximize exposure. I had 32 showings and 7 offers within the first 3 days."
Response time9 hrs
Recommended by77%of homeowners
Absolute Appraisal Group
4.6(
75
)
Appraisal - Real Estate

Serving Wake Forest, NC and surrounding areas

In business since 1986

Free estimates

"David Ausborn left a message on my telephone answering machine on Sunday. He was courteous, and changed the time of his appointment from 12:00 noon to 4:00 PM without any fuss. He answered all of my questions, and his meticulous APPRAISAL Report is going to save me $2,700 when I use it to appeal my Johnston County Property tax evaluation."
Response time3 hrs
Recommended by97%of homeowners
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Property Appraiser questions, answered by experts

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 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.

While a finished basement adds value to your home, it is assigned a different value than space on the main floors. An appraiser will assess the square footage of a finished basement at about 50% to 60% of the value of the square footage for the rest of your home. Appraisal value for a finished basement depends on your location’s real estate market and the specifics of the basement and how it was finished. 

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

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 Wake Forest, NC homeowners’ guide to property appraisals

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