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Real Property Appraisals, P.C.
New to Angi

Serving Spalding, NE and surrounding areas

In business since 1982

Free estimates

Credit card accepted

At Real Property Appraisals, P.C., we take great pride in our experience, expertise, quality and customer service that we provide to meet the customers' needs. It is our mission to provide excellent workmanship and complete customer satisfaction from start to completion of a project. In order to understand the needs and expectations of our customers, we take great care to work and communicate with every customer in a professional manner. Our reputation is based on service, safety and quality, regardless of how large or small the job. How can we help you?

Response time3 hrs
Patricia Cox Appraisal Services
1.3(
5
)

Serving Spalding, NE and surrounding areas

In business since 1972

Credit card accepted

Mortgage lenders, consumers, realtors and legal professionals have called upon Patti for 45 years to provide high-quality estimates of market value on all sorts of homes in Central Nebraska. By continuously keeping up with local real estate trends in Burwell Area and the surrounding areas as well as staying current on valuation techniques through accredited courses, we've been consistently able to produce reliable home valuations for our clients. Call us today at 308-730-2612!

Response time1 day
Recommended by25%of homeowners
Property Appraiser questions, answered by experts

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.

Basement bedrooms can count toward your room count and the square footage of your home on an appraisal if they’re fully legal, which means they have proper ventilation and points of egress, as defined by your local building code. Simply partitioning off a space for a bedroom in an otherwise unfinished basement that isn’t a legal living space won’t affect your appraisal value.

Appraisals can come in above or below the list price or offer price for a property, and where it falls depends on many factors. Those include the condition of the property, the location, and the age of the home, but often, the condition of the market is the biggest determining factor. Where demand is high for properties, buyers compete with each other for homes, which tends to drive up offer prices above where appraisals come in. Where demand is low, you’ll often see the opposite happening.

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 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

The Spalding, NE homeowners’ guide to property appraisals

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