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TRUSTED BY BEREA, OH HOMEOWNERS

  • Average homeowner rating star icon4.5
    Average homeowner rating
  • 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
12 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%
1 neighbors recently requested a quote
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

While some aspects of an appraisal, such as comparable properties nearby, are out of your control, there are several steps you can take to potentially increase your home's value. Make any necessary repairs and upgrades before the appraiser's visit, as they can only value what is currently part of the home, not its potential. Examples include renovating older areas, updating landscaping to boost curb appeal, and staging your home. You can also provide the appraiser with the cost of recent upgrades, which may increase your home's value by about 50% or more of what you paid for those improvements.

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 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.

Typically during transactions or refinancing, or whenever significant improvements are made.

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.

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.