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TRUSTED BY POWELL, OH HOMEOWNERS

  • Average homeowner rating star icon4.6
    Average homeowner rating
  • Verified reviews icon52
    Verified property appraisals reviews

Find Property appraisers in Powell

Avatar for Porter Appraisals
Porter Appraisals
5.0(
13
)

Serving Powell, 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 rate97%
6 neighbors recently requested a quote
Ziegler Appraisal Group
5.0(
5
)

Serving Powell, OH and surrounding areas

In business since 2020

Standard appraisal fees range from $350-$450. Complex appraisal fees can range from $450-$750. Typical turnover time to receive a report are within 24-48 hours. I would appreciate that your refrain from submitting a request unless you are ready to get an appraisal inspection or call directly to 614-679-4730 if you have questions for fees and additional information. There is a cancellation fee of $30.00. We are a locally owned and operated company that values honesty and integrity, and treats your home as if it were our own. We offer a variety of services that are customization to each individual project. You will find us to be competitively priced, paying close attention to the details of each and every project that we are involved with. We look forward to building lasting relationships, and guarantee your satisfaction!\n

Response time3 hrs
Response rate98%
Recommended by100%of homeowners
Avatar for Marketplace Housing
Marketplace Housing
4.3(
11
)

Serving Powell, OH and surrounding areas

In business since 2003

Free estimates

Emergency services offered

"Office staff is always available for help. No job is too small or too big. They are responsive to our needs for service requests from roofing to foundations. All aspects of home repairs have been done professionally and in a timely manner. I would recommend Marketplace Homes for all your property management needs regarding property repairs and maintenance."
Recommended by77%of homeowners
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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 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.

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 average cost for a home or property appraisal is about $355, with prices typically ranging from $250 to $500. The final cost is influenced by several factors, including the property's size, age, location, and how it compares to other homes in the area. Appraisals for larger, older, or non-conforming properties often cost more. While a single-family home appraisal usually costs between $300 and $400, appraising a multi-family home can range from $500 to $1,000 due to its increased size and complexity.

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 Powell, OH homeowners’ guide to property appraisals

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