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Avatar for Cricket Restoration
Cricket Restoration
3.6(
7
)
Appraisal - General

Serving Welcome, NC and surrounding areas

In business since 2013

Free estimates

Emergency services offered

"Family operation local to Lexington. Workmanship was great for the price. They communicated well and kept me in the loop as far as arrival times, progress and a finish date and were pretty close to estimated completion time. There were few hiccups that we worked through but overall happy with my new wood dog fence. I would hire againâ ¦"
Response time10 hrs
Recommended by83%of homeowners
Antiques and Jewelry Appraisals questions, answered by experts

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.

Costs depend on the property size, audit complexity, and whether additional testing (e.g., blower door) is included.

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

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.

Appraisals are not mandatory but are helpful for pricing accuracy and negotiation purposes.

The Welcome, NC homeowners’ guide to antique and jewelry appraisals

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