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TRUSTED BY LORAIN, OH HOMEOWNERS

  • Average homeowner rating star icon4.5
    Average homeowner rating
  • Verified reviews icon36
    Verified property appraisals reviews

Find Property appraisers in Lorain

Jeff Caruso
4.0(
142
)

Serving Lorain, 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 Lorain, 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 Marketplace Housing
Marketplace Housing
4.3(
11
)

Serving Lorain, OH and surrounding areas

In business since 2003

Free estimates

Emergency services offered

"Marketplace Homes has managed two residential rental properties for me, and everything has always been very easy. They coordinate showings, negotiated rent with tenants, and hired contractors as needed at each property. I would use them for any rental property I have in the future!"
Recommended by77%of homeowners
Avatar for Erie Shore Appraisal Group
Erie Shore Appraisal Group
5.0(
2
)

Serving Lorain, OH and surrounding areas

In business since 2009

Erie Shore Appraisal Group, is committed to excellence in every aspect of our business. Our distinction is the quality of service and knowledge of the local real estate market.

Response time3 days
Recommended by100%of homeowners
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Property Appraiser questions, answered by experts

Basement bedrooms can count toward your room count and the square footage of your home on an appraisal if they’re fully legal, which means they have proper ventilation and points of egress, as defined by your local building code. Simply partitioning off a space for a bedroom in an otherwise unfinished basement that isn’t a legal living space won’t affect your appraisal value.

Ensures accurate valuation reflecting current market conditions, assisting in financial decisions.

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

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 condition and appearance of your yard can affect your home appraisal value. A well-maintained, attractive yard with curb appeal adds to a property’s value, while an overgrown, messy, poorly maintained yard can hurt your home’s appraisal. Even small cosmetic improvements to your yard, like adding mulch, trimming trees, and cleaning out plant beds, can help your appraisal value.

The Lorain, OH homeowners’ guide to property appraisals

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