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Avatar for Somich & Associates, Inc.
Somich & Associates, Inc.
4.6(
16
)

Serving Camillus, NY and surrounding areas

In business since 1996

Free estimates

"Peter Somich was very competent, efficient, and thorough assessor. The appraisal was completed quickly and professionally and sent via email. I highly recommend Somich and Associates."
Response time3 days
Recommended by100%of homeowners
ATAV Appraisals
4.3(
5
)

Serving Camillus, NY and surrounding areas

In business since 1988

Free estimates

ATAV Appraisals is a well-respected provider of residential appraisal services in central NY, including Onondaga, Madison and Oswego counties. Our objective is to provide quality appraisals with the highest ethical standards in the shortest possible time. \nOur clients are lending institutions, government agencies, accountants, attorneys, realtors, homeowners and employment relocation companies. We are approved by HUD and the Employment Relocation Council. We are a member of the Greater Syracuse Chamber of Commerce, the Appraisal Institute and the Greater Syracuse Association of Realtors.\n\nyou may check our website at atavappraisals.com

Response time1 day
Recommended by100%of homeowners
MJM Real Estate & Appraisal Services
3.4(
6
)

Serving Camillus, NY and surrounding areas

In business since 2000

Free estimates

Credit card accepted

We take great pride in our experience, expertise, quality and customer service that we provide to meet the consumers' needs. It is our mission to provide excellent workmanship and complete customer satisfaction from start to completion of a project. In order to understand the needs and expectations of our customers, we take great care to work and communicate with every customer in a professional manner. Our reputation is based on service, safety and quality, regardless of how large or small the job. Unable to do mortgage appraisals do to strict banking guidelines.

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.

They provide objective, third-party valuation, guiding fair sales or purchase prices.

If you can’t find any records online, you’ll need to contact your county clerk’s office to do further research. They should have property records on file, or can at least point you in the right direction of who to contact. You can also speak with your neighbors about when their houses were built because they were likely built around the same time.

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.

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 Camillus, NY homeowners’ guide to property appraisals

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