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Avatar for Akrivis Real Estate Valuations
Akrivis Real Estate Valuations
4.3(
68
)
Appraisal - Real Estate

Serving Marion, NY and surrounding areas

Approved (Corporate)

In business since 2018

Credit card accepted

Offers commercial services

"The process was easy, and pricing options were provided up fromt. They gave clear instructions about what they needed for the appraisal. They provided an appraisal quickly, with a nice turn around time. I would call this company again next I need an appraisal."
Restaurant
Response time5 hrs
Response rate89%
1308 neighbors recently requested a quote
Avatar for On Time Realty Services, LLC
On Time Realty Services, LLC
4.4(
27
)
Appraisal - Real Estate

Serving Marion, NY and surrounding areas

Approved

In business since 1997

Emergency services offered

Small jobs welcome

"On Time Reality Services performed an appraisal on my residential property. They were very professional, timely and helpful in my understanding of the process and explaining their reports."
Response time9 hrs
17 neighbors recently requested a quote
Recommended by95%of homeowners
Magin-Beach Appraisals
3.8(
10
)
Appraisal - Real Estate

Serving Marion, NY and surrounding areas

Approved

In business since 1984

Free estimates

Customers say: Quick response

"We had a fairly challenging appraisal to be performed and it took longer than we expected to get the results back. Gloria did a very thorough job of documenting the appraisal and we were pleased overall with the completed appraisal. She was the only one who took the initiative to contact us directly from our inquiry for Appraisal and that meant something to us."
Response time10 hrs
Recommended by88%of homeowners
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Property Appraiser questions, answered by experts

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.

A property valuation, sometimes called a comparative market analysis or CMA, provides a real estate expert’s opinion on how much your property will sell for. It takes many things into consideration, like the condition and location of the home, but ultimately, all that matters for a property valuation is what a buyer might be willing to pay for the property. An appraisal is more concerned with determining the value. A valuation is to estimate what you’ll get for a property, while an appraisal helps a lender establish loan-to-value ratios and loan amounts.

Around 1-2 weeks, including inspection and reporting time for an official evaluation.

Ideally, you’d never pay more than the appraised value for a home, but there are some instances where it makes sense to do so. For example, if your current living arrangements are no longer viable and you need a place to move into quickly, paying more than the appraised value might be in your best interest to secure a new home. Additionally, if you’re buying in a hot market, overpaying for the home might be necessary to overcome the competition.

The entire appraisal process takes from seven to 10 days. This timeline accounts for the many steps of the appraisal process, including the post-inspection report completed by the appraiser.

Home appraisal services include the following tasks:

  • Inspect home interior and exterior

  • Evaluate materials, features, fixtures, and renovations

  • Review comparable properties

  • Write an appraisal report

The Marion, NY homeowners’ guide to property appraisals

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