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Porter Appraisals
5.0(
13
)
Appraisal - Real Estate

Serving Lakeview, OH and surrounding areas

Approved

In business since 1999

Free estimates

Emergency services offered

Porter is the premier source for professional commercial and residential real estate appraisals. Based in Marengo, our certified team specializes in high-quality asset management valuations, estate settlements, tax assessments, and prospective development analysis for property owners and investors. \n\nPlease note that our firm focuses strictly on established property and asset valuations; we do not accept assignments involving boundary, fence, or neighbor disputes, nor do we provide appraisal services for non-homeowners or renters. \n\nBy maintaining this specialized focus, we ensure efficient, top-tier service for our core investment and estate clients. Contact our office today at 419-253-1373 to discuss your valuation needs.

6 neighbors recently requested a quote
Recommended by100%of homeowners
Avatar for Porter Appraisals
Porter Appraisals
5.0(
13
)
Appraisal - Real Estate

Serving Lakeview, OH and surrounding areas

Approved

In business since 1999

Free estimates

Emergency services offered

"Ross Porter very professional and kind. He is extremely knowledgeable and talented. His extensive experience in appraisals makes him our go-to professional for appraisals and recommendations. We highly recommend Ross."
HMS Certified
Train Depot
Train Depot
McKissock Learning
Residential+ Comm

+4

Response time2 days
Response rate98%
3 neighbors recently requested a quote
Property Appraiser questions, answered by experts

Land doesn’t depreciate in the same way that a house, vehicle, or other property does, but it can lose value based on various factors. Environmental changes, nearby development, zoning changes, and economic downturns can all cause land to lose value over time. Value is a comparative figure, so as other related factors change, so can land’s value.

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

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

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

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.

The Lakeview, OH homeowners’ guide to property appraisals

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