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  • Average homeowner rating star icon4.3
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Avatar for Akrivis Real Estate Valuations
Akrivis Real Estate Valuations
4.3(
68
)
Appraisal - Real Estate

Serving Los Chavez, NM and surrounding areas

Approved (Corporate)

In business since 2018

Credit card accepted

Offers commercial services

"Did what was requested in a timely manner. No hassles which is exactly what a person needs when dealing with the loss of a spouse. This was specific for an estate appraisal. Not an appraisal to buy real estate. This is for estate tax purposes which is different. Thank you."
Restaurant
Response time5 hrs
Response rate89%
1306 neighbors recently requested a quote
Real Estate Agents questions, answered by experts

As a seller, it might feel tempting to skip the appraisal, especially in a hot market that sees a lot of all-cash offers. While you can technically forgo it and hope for an all-cash offer, you’ll likely have a very tough time selling without an appraisal. 

In addition to protecting lenders from risk, appraisals also protect buyers’ investments. As such, it isn’t typically recommended for buyers to skip appraisals.

An FHA appraisal is valid for 180 days from the effective date of the report. In some cases, you can have the appraisal recertified if you make your request before the original expires so that you still may obtain an FHA loan. If approved, your appraisal update is valid for one year.

Yes, it could be worth buying and remodeling an old house. You can potentially purchase an older house for a lower price than a newer house. With less of an upfront investment, you can devote more of your budget to the remodeling work. If you’re thinking of remodeling an old house and then reselling it—called house flipping—focus on projects that deliver the best ROI for home improvements.

A land survey defines and records the physical aspects of a property, including its boundaries, dimensions, easements, features, and sometimes topographical information. In contrast, a land appraisal determines the property's monetary value. While an appraiser will often consult a land survey to understand the property's physical specifications, the survey itself does not determine the land's value.

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 Los Chavez, NM homeowners’ guide to real estate services

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