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TRUSTED BY STANHOPE, NJ HOMEOWNERS

  • Average homeowner rating star icon4.8
    Average homeowner rating
  • Verified reviews icon24
    Verified property appraisals reviews

Find Property appraisers in Stanhope

Avatar for Akrivis Real Estate Valuations
Akrivis Real Estate Valuations
4.3(
69
)
Appraisal - Real Estate

Serving Stanhope, 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%
1185 neighbors recently requested a quote
The Curreri Group, LLC
4.7(
39
)
Appraisal - Real Estate

Serving Stanhope, NJ and surrounding areas

Approved

In business since 2010

Free estimates

Emergency services offered

"Joe and Patrick were extremely responsive and wonderful to work with. Joe gave me an appraisal based on very detailed, multiple factors, fully explained, which obviously took a great deal of effort to acquire during these difficult times. The Curreri Group was exceptionally professional in all respects, and I will definitely use them as my go to for all future appraisal needs."
Pre-listing
BBB A+ Accredited
Response time6 hrs
15 neighbors recently requested a quote
Recommended by100%of homeowners
Avatar for Porter Place Appraisals
Porter Place Appraisals
5.0(
2
)
Appraisal - Real Estate

Serving Stanhope, 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
9 neighbors recently requested a quote
Recommended by100%of homeowners
Avatar for Calstin Appraisal Services
Calstin Appraisal Services
4.9(
12
)
Appraisal - Real Estate

Serving Stanhope, 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 34
Property Appraiser questions, answered by experts

Appraisals can come in above or below the list price or offer price for a property, and where it falls depends on many factors. Those include the condition of the property, the location, and the age of the home, but often, the condition of the market is the biggest determining factor. Where demand is high for properties, buyers compete with each other for homes, which tends to drive up offer prices above where appraisals come in. Where demand is low, you’ll often see the opposite happening.

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.

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. 

The purpose of the home appraisal determines which party pays for it. You’re generally responsible for the cost if you need to know the current value of your home to refinance your mortgage, though in some instances the lender will pay for it. The buyer pays for the appraisal when they are applying for their mortgage.

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 Stanhope, NJ homeowners’ guide to property appraisals

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