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Avatar for New York Appraisals
New York Appraisals
3.0(
67
)
Appraisal - Real Estate

Serving Constable, NY and surrounding areas

Approved

In business since 1995

Free estimates

Credit card accepted

"I was looking for an appraisal on the current house I was renting in order to see if it would be worth buying. The appraiser Dan was prompt in keeping our appointment, and he was very professional and extremely thorough in his appraisal of the property. One business day later, I received a report showing all of the information about the property and an assessment of what it was worth and the repairs that were needed. Dan went above and beyond my expectations and delivered excellent customer service. I received exactly what I needed on this appraisal and am very happy with the results of his assessment. I highly recommend NY Appraisers!"
Response time1 day
37 neighbors recently requested a quote
Recommended by72%of homeowners
Avatar for Choice Home Warranty
Choice Home Warranty
4.0(
5,678
)
Appraisal - Real Estate

Serving Constable, NY and surrounding areas

In business since 2008

Emergency services offered

Credit card accepted

"I had great service! The agent who did the faucets was very polite, and professional. He did a great job, our faucets are nice and sturdy. On the washing machine issue, the agents that arrived were also polite and professional. The agent said that the machine needed to be replaced. Fortunately, the coverage I had allowed me to be approved to purchase a new one! I guess I made the right (CHOICE HWS)"
Recommended by81%of homeowners
Real Estate Agents questions, answered by experts

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

In most cases, no, a seller cannot negotiate after an appraisal if they signed an offer agreement. The only exception would be if there was a contingency in the offer that stated that the offer acceptance was contingent on the appraisal amount. If that’s the case, the seller can negotiate a higher sale price to match the appraised amount. If the appraised amount comes in below the sale price, both sides have to agree to negotiate, but there may be no other option since the buyer’s lender might not approve the higher amount.

Consulting the architect of your house is not the best way to determine when it was built. Many homes are built by developers or builders, so there may not be a specific architect to track down—especially if you have a very old house. Instead, it’s best to rely on local government records.

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.

A home sauna may be considered a luxury item by some homebuyers, which can provide a good return on investment. However, whether it increases your home's value ultimately depends on the buyer, as some may not want to take on the extra costs and maintenance associated with heating and upkeep.

The Constable, NY homeowners’ guide to real estate services

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