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*The Angi rating for Property Appraisal companies in Sidney, 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 Sidney, 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 August 11, 2024

Find Property appraisers in Sidney

Avatar for Akrivis Real Estate Valuations
Akrivis Real Estate Valuations
3.9(
28
)
Appraisal - Real Estate

Serving Sidney, OH and surrounding areas

Approved

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 time6 hrs
1993 neighbors recently requested a quote
Recommended by16%of homeowners
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Avatar for Showcase Regional Housing LLC
Showcase Regional Housing LLC
5.0(
3
)
Appraisal - Real Estate

Serving Sidney, 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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Property Appraiser questions, answered by experts

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

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.

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.

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 Sidney, OH homeowners’ guide to property appraisals

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

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