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*The Angi rating for Property Appraisal companies in Genoa, OH is a rating based on verified reviews from our community of homeowners who have used these pros to meet their Property Appraisal needs.

*The HomeAdvisor rating for Property Appraisal companies in Genoa, OH is a rating based on verified reviews from our community of homeowners who have used these pros to meet their Property Appraisal needs.

Last update on July 31, 2024

Find Property appraisers in Genoa

Avatar for Akrivis Real Estate Valuations
Akrivis Real Estate Valuations
4.1(
37
)
Appraisal - Real Estate

Serving Genoa, OH and surrounding areas

Approved (Corporate)

In business since 2018

Credit card accepted

Offers commercial services

"I was looking to defend myself in a divorce. This appraisal helps me to pay less."
Restaurant
Response time5 hrs
Response rate89%
1924 neighbors recently requested a quote
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Avatar for Showcase Regional Housing LLC
Showcase Regional Housing LLC
5.0(
3
)
Appraisal - Real Estate

Serving Genoa, OH and surrounding areas

In business since 2009

Free estimates

Credit card accepted

"The process started out strenuous but ended up being a breeze once I hired Showcase Regional Housing to do the all the tedious work."
Recommended by100%of homeowners
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Avatar for Upon The Rock Real Estate Service, LLC
Upon The Rock Real Estate Service, LLC
1.0(
2
)
Appraisal - Real Estate

Serving Genoa, OH and surrounding areas

In business since 1999

Free estimates

Credit card accepted

Upon The Rock Real Estate Services, LLC. is committed to excellence in providing appraisals and inspections. Our designated and certified staff provides these services with quality and integrity.

Recommended by100%of homeowners
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Property Appraiser questions, answered by experts

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 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

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.

Appraisals can come in above or below the list price or offer price for a property, and where it falls depends on many factors. Those include the condition of the property, the location, and the age of the home, but often, the condition of the market is the biggest determining factor. Where demand is high for properties, buyers compete with each other for homes, which tends to drive up offer prices above where appraisals come in. Where demand is low, you’ll often see the opposite happening.

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 Genoa, OH homeowners’ guide to property appraisals

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

See all articles