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TRUSTED BY BOUND BROOK, NJ HOMEOWNERS

  • Average homeowner rating star icon4.7
    Average homeowner rating
  • Verified reviews icon31
    Verified property appraisals reviews

Find Property appraisers in Bound Brook

Avatar for Akrivis Real Estate Valuations
Akrivis Real Estate Valuations
4.3(
44
)
Appraisal - Real Estate

Serving Bound Brook, NJ and surrounding areas

Approved (Corporate)

In business since 2018

Credit card accepted

Offers commercial services

"Hired to do valuation of a manufactured home - not on land. Gave appraisal comparison properties included land. therefore not an accurate valuation. Thought salesperson understood nuance."
Restaurant
Response time5 hrs
Response rate89%
1854 neighbors recently requested a quote
Avatar for Porter Place Appraisals
Porter Place Appraisals
5.0(
2
)
Appraisal - Real Estate

Serving Bound Brook, NJ and surrounding areas

Approved

In business since 2006

Free estimates

Credit card accepted

"They are an outstanding appraisal company who work diligently on their real estate appraisals to help you determine value. I would highly recommend working with Porter Place Appraisals!"
Response time1 day
15 neighbors recently requested a quote
Recommended by100%of homeowners
Avatar for Calstin Appraisal Services
Calstin Appraisal Services
4.9(
12
)
Appraisal - Real Estate

Serving Bound Brook, NJ and surrounding areas

In business since 2003

Free estimates

Credit card accepted

"Norman Chambliss was very Professional and courteous. He accommodate my schedule and completed the appraisal with in the estimated time frame. I am highly satisfied with the transaction."
Response time9 hrs
Response rate94%
Recommended by100%of homeowners
Showing 1-10 of 38
Property Appraiser questions, answered by experts

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 cost ranges from $300 to $500, depending on the property's size and location. Due to their complexity, commercial appraisals may cost more.

The differences between market value and appraised value depend on the local market, so they can match, or either one can be higher than the other. In a “seller’s market,” where there is an abundance of buyers, market value will likely sit higher than the appraised value because there’s more demand for the low inventory of homes. In a “buyer’s market,” where there are more homes than there are buyers, the market value is more likely to sit below the appraised value to entice buyers.

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. 

Typically during transactions or refinancing, or whenever significant improvements are made.

The Bound Brook, NJ homeowners’ guide to property appraisals

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