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TRUSTED BY MADISON, NJ HOMEOWNERS

  • Average homeowner rating star icon4.5
    Average homeowner rating
  • Verified reviews icon17
    Verified property appraisals reviews

Find Property appraisers in Madison

Avatar for AA Appraisals
AA Appraisals
5.0(
17
)
Appraisal - Real Estate

Serving Madison, NJ and surrounding areas

Approved

In business since 2005

Free estimates

Small jobs welcome

"Lynn was professional and knowledgeable. She explained the finer details of how a home is appraised for property tax. I would recommend her any day of the week"
Business card
Response time12 hrs
23 neighbors recently requested a quote
Recommended by100%of homeowners
Avatar for Akrivis Real Estate Valuations
Akrivis Real Estate Valuations
4.4(
62
)
Appraisal - Real Estate

Serving Madison, NJ and surrounding areas

Approved (Corporate)

In business since 2018

Credit card accepted

Offers commercial services

"The process was easy, and pricing options were provided up fromt. They gave clear instructions about what they needed for the appraisal. They provided an appraisal quickly, with a nice turn around time. I would call this company again next I need an appraisal."
Restaurant
Response time5 hrs
Response rate89%
1323 neighbors recently requested a quote
Avatar for Bennett Appraisal
Bennett Appraisal
4.4(
13
)
Appraisal - Real Estate

Serving Madison, NJ and surrounding areas

Approved

In business since 2023

Free estimates

Small jobs welcome

"Mr. Bennett was the 1st person who called me 2 minutes after I entered the request. We scheduled an appointment for the next day Friday. Mr. Bennett arrived on time. He introduced himself and began working. He asked the appropriate questions. He delivered the appraisal report as promised. Thank you"
Response time2 hrs
Response rate98%
142 neighbors recently requested a quote
Avatar for Porter Place Appraisals
Porter Place Appraisals
5.0(
2
)
Appraisal - Real Estate

Serving Madison, 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
14 neighbors recently requested a quote
Recommended by100%of homeowners
Showing 1-10 of 49
Property Appraiser questions, answered by experts

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.

In most cases, selling a home in as-is condition will lead to a sale price that’s somewhere between 10% and 30% lower than normal. However, it’s often worthwhile to sell at a loss because the alternative would be to pay for the repairs yourself, which could end up costing you more. Even if they didn’t, selling as-is saves you from the time and energy you’d spend coordinating the repairs.

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. 

They provide objective, third-party valuation, guiding fair sales or purchase prices.

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 Madison, NJ homeowners’ guide to property appraisals

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