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*The Angi rating for Property Appraisal companies in Midway, NM is a rating based on verified reviews from our community of homeowners who have used these pros to meet their Property Appraisal needs.

*The HomeAdvisor rating for Property Appraisal companies in Midway, NM is a rating based on verified reviews from our community of homeowners who have used these pros to meet their Property Appraisal needs.

Last update on September 30, 2025

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Martie Dewbre Appraisal, LLC.
5.0(
1
)

Serving Midway, NM and surrounding areas

In business since 2007

Free estimates

Martie Dewbre Appraisal, LLC, specialize in providing professional real estate valuation services. Appraisal reports are prepared with the precision that the industry demands. All of our assignments comply with the Uniform Standards of Professional Appraisal Practice. We appraise all types of residential properties: single family, acreages, condominiums, 2-4 family investment properties, vacant lots and high-end lakefront dwellings. Owner, Martie Dewbre, has over 15 years of real estate appraisal experience (11 years as a real estate appraiser & 4 years as a real estate broker) serving the Roosevelt County area and beyond! Martie Dewbre Appraisal, LLC, has built her business on integrity, honesty, paying close attention to the details and accuracy! Call us today for your free estimate!

Response time8 hrs
Recommended by100%of homeowners
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Property Appraiser questions, answered by experts

You can be present during a home appraisal, but it’s best to stay out of the appraiser’s way. Make yourself available, but don’t engage or interrupt, and don’t discuss value or your target sales price. If possible, have your agent present in the house instead of being present yourself.

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.

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.

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

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.

The Midway, NM homeowners’ guide to property appraisals

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

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