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Avatar for Gregory S Quarantello
Gregory S Quarantello
5.0(
172
)
Appraisal - Real Estate

Serving Runnemede, 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%
2 neighbors recently requested a quote
Avatar for Akrivis Real Estate Valuations
Akrivis Real Estate Valuations
4.3(
68
)
Appraisal - Real Estate

Serving Runnemede, 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%
1308 neighbors recently requested a quote
Avatar for Bennett Appraisal
Bennett Appraisal
4.4(
13
)
Appraisal - Real Estate

Serving Runnemede, NJ and surrounding areas

Approved

In business since 2023

Free estimates

Small jobs welcome

"Bennett appraisal reached out within an hour of my request and was able to schedule the appraisal for 2 days later and the written appraisal was received less than 2 days later. They were prompt, professional and very knowledgeable. We were very happy with Bennett appraisal."
Response time2 hrs
Response rate98%
144 neighbors recently requested a quote
Showing 1-10 of 39
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.

Some appraisers hold a Member of the Appraisal Institute designation. This accolade is the highest credential property appraisers can earn. An MAI appraisal is typically used for commercial properties.

While your lender will likely recommend an appraiser, you can also hire a professional home appraiser on your own. Choose someone who is experienced in your type of residential property, and ensure they hold all of the necessary credentials that your state or region requires.

A property valuation, sometimes called a comparative market analysis or CMA, provides a real estate expert’s opinion on how much your property will sell for. It takes many things into consideration, like the condition and location of the home, but ultimately, all that matters for a property valuation is what a buyer might be willing to pay for the property. An appraisal is more concerned with determining the value. A valuation is to estimate what you’ll get for a property, while an appraisal helps a lender establish loan-to-value ratios and loan amounts.

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.

Wainscoting isn’t a design element that can be directly tied to an increased house price. Despite that, it is a highly marketable element that can generate significant interest from potential buyers who enjoy the style, and is relatively inexpensive to remove for those who don’t. If you are on the fence about paneling, just know that it certainly wouldn’t result in depreciation of your home’s value—usually the opposite. 

The Runnemede, NJ homeowners’ guide to property appraisals

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