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Property Appraiser questions, answered by experts

Some appraisers hold a Member of the Appraisal Institute designation. This accolade is the highest credential property appraisers can earn. An MAI appraisal is typically used for commercial properties.

While your lender will likely recommend an appraiser, you can also hire a professional home appraiser on your own. Choose someone who is experienced in your type of residential property, and ensure they hold all of the necessary credentials that your state or region requires.

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

Ensure the property is clean, provide access to all areas, and supply relevant documents, such as recent upgrades or tax records.

Whether a scullery is worth it depends on how much you like to cook and entertain. If you frequently host gatherings—a scullery is likely worth the money. If you’re looking for ROI, it’s not so clear. It may not add significant value to your home, as it doesn’t increase square footage and may repurpose space that a buyer would have preferred to remain as-is (like a laundry room). 

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

The Henryetta, OK homeowners’ guide to property appraisals

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