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TRUSTED BY MENDHAM, NJ HOMEOWNERS

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  • Verified reviews icon22
    Verified property appraisals reviews

Find Property appraisers in Mendham

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

Serving Mendham, NJ and surrounding areas

Approved

In business since 2005

Free estimates

Small jobs welcome

"After my wife and I sent the initial appraiser a 5-6 page request for reconsideration as we felt his opinion on the value of our home was quite low, the appraiser removed himself. Lynn from AA Appraisals then came in and appraised our home. She was professional, thorough and looked at/factored things that the previous appraiser did not. The appraisal report Lynn sent us was extremely detailed. I highly recommend AA Appraisals."
Business card
Response time12 hrs
24 neighbors recently requested a quote
Recommended by100%of homeowners
Avatar for Gregory S Quarantello
Gregory S Quarantello
5.0(
172
)
Appraisal - Real Estate

Serving Mendham, NJ and surrounding areas

Approved

Super Service Award Winner

In business since 2007

Customers say: True professional

"I had a challenging appraisal I needed done for some inherited property. The service was professional and timely. The communication due to the challenges was top notch. I would recommend Gregory to anyone who needs an appraisal done in New Jersey"
Exterior Photos
New Colonial
Exterior
Response time3 hrs
Response rate95%
7 neighbors recently requested a quote
Avatar for Spitzer Real Estate Appraisals
Spitzer Real Estate Appraisals
4.6(
119
)
Appraisal - Real Estate

Serving Mendham, NJ and surrounding areas

Approved

In business since 2002

Free estimates

Customers say: Quick response

"Mr. Spitzer was very professional and friendly. I was very anxious about getting my parent's home appraised, but Mr. Spitzer allayed my anxiety by explaining the appraisal process and being totally non-judgemental....the house is not in the best condition, so that was a concern of mine. I totally recommend and will hire Mr. Spitzer for the appraisal of my own home!"
Divorce
Estate Value
Possible Purchase
Response time4 days
62 neighbors recently requested a quote
Recommended by94%of homeowners
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Property Appraiser questions, answered by experts

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 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

Foundation cracks won’t always affect your appraised value. All foundations crack due to normal settlement, so hairline cracks that aren’t leaking or uneven from side to side are unlikely to have an impact on your appraisal. Structural cracks, on the other hand, often lead to a reduced appraised value, especially if the underlying problem will cause the issue to worsen over time.

In most cases, installing a tennis court on your property will drive up your property taxes. Property taxes are determined, in part, based on improvements made to your property, which includes anything with a permanent foundation. Since most home tennis courts include a large concrete foundation, your property taxes will likely increase following the installation. A general rule of thumb is that if your project requires permits—like for a foundation or fencing for a tennis court—then your property taxes will be affected.

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.

The Mendham, NJ homeowners’ guide to property appraisals

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