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TRUSTED BY BEREA, OH HOMEOWNERS

  • Average homeowner rating star icon4.5
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  • Verified reviews icon44
    Verified property appraisals reviews

Find Property appraisers in Berea

Jeff Caruso
4.0(
142
)

Serving Berea, OH and surrounding areas

Approved

In business since 1991

Customers say: Quality work

"Jeff was on time and very easy to work with. Appraisal took approximately 45 min. He took numerous photoâ s of the home and measured where necessary.When done he stated that the appraisal would be finished in 5-7 days which it was. The appraisal was thorough and professionally prepared. It listed six comparable sales in the area with similar structural issues and square footage to support his appraisal value. I would not hesitate to use Caruso Appraisal Service again."
Response time6 hrs
14 neighbors recently requested a quote
Recommended by86%of homeowners
Avatar for Black Diamond Appraisals, LLC
Black Diamond Appraisals, LLC
5.0(
36
)

Serving Berea, OH and surrounding areas

Approved

Super Service Award Winner

In business since 2019

Free estimates

Credit card accepted

"Todd was very professional. Arrived right on time. He was very thorough and provided the appraisal report within two days. I would highly recommend Black Diamond Appraisal."
Response time4 hrs
Response rate91%
Recommended by85%of homeowners
Avatar for Mark Romans
Mark Romans
New to Angi

Serving Berea, OH and surrounding areas

Approved

In business since 2023

Free estimates

Credit card accepted

Crawford Romans Appraisal Services provides residential real estate appraisal services across Northeast Ohio. As a Certified Residential Real Estate Appraiser, I am qualified for single family homes, condominiums, 2-4 unit multifamily properties, and vacant land. I pride myself on providing high quality reports that help my clients understand the local market and the value of their property in a timely and professional manner.

Response time6 hrs
1 neighbors recently requested a quote
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Property Appraiser questions, answered by experts

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.

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

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.

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.

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 Berea, OH homeowners’ guide to property appraisals

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