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TRUSTED BY PLAINFIELD, NJ HOMEOWNERS

  • Average homeowner rating star icon4.4
    Average homeowner rating
  • Verified reviews icon39
    Verified property appraisals reviews

Find Property appraisers in Plainfield

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

Serving Plainfield, 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
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 Plainfield, 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 Porter Place Appraisals
Porter Place Appraisals
5.0(
2
)
Appraisal - Real Estate

Serving Plainfield, 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
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Property Appraiser 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.

Land doesn’t depreciate in the same way that a house, vehicle, or other property does, but it can lose value based on various factors. Environmental changes, nearby development, zoning changes, and economic downturns can all cause land to lose value over time. Value is a comparative figure, so as other related factors change, so can land’s value.

While there’s technically no limit to the dollar amount you can borrow for a home addition, the standard limit is around 80% of the value the addition is expected to add to your home. That means you could feasibly borrow up to $80,000 if an appraiser determines that the addition or bump out will add $100,000 in value to your property. You might also be limited by your debt-to-income ratio or credit score.

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

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 Plainfield, NJ homeowners’ guide to property appraisals

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