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Avatar for Cullen Real Estate and Appraisal Company
Cullen Real Estate and Appraisal Company
4.9(
444
)
Appraisal - Real Estate

Serving Westerly, RI and surrounding areas

Approved

In business since 1990

Free estimates

Emergency services offered

"Cullen RE responded quickly and professionally on hone advisor. I hired them to perform a RE appraisal during the tough Covid-19 times. They worked around this by going to my property and inspecting while I stayed home. I received my appraisal quickly. I would use them again."
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Land Appraisal

+3

Response time4 hrs
22 neighbors recently requested a quote
Recommended by98%of homeowners
Durette Appraisals, Inc.
5.0(
2
)
Appraisal - Real Estate

Serving Westerly, RI and surrounding areas

In business since 1993

Free estimates

Durette Appraisals, Inc. is committed to excellence in every aspect of our business. We uphold a standard of integrity bound by fairness, honesty, and personal responsibility. Our distinction is the quality of service we bring to our customers. Accurate knowledge of the real estate market combined with ability and 25 years experience is what makes us true professionals. Above all, we are watchful of our customers' interests and make their concerns the basis of our business

Response time10 mins
Recommended by100%of homeowners
Avatar for LifeCycle Transitions
LifeCycle Transitions
3.8(
175
)
Appraisal - Real Estate

Serving Westerly, RI and surrounding areas

In business since 2007

Free estimates

Emergency services offered

"The Deal was vague and did not explain that it did not include simple carpentry.  I did send them pictures 3 weeks ago letting them know what I needed done, and they didn't let me know until yesterday that this was not a handyman job.  They were very polite.  They were also very willing to work with me.  They suggested adding $200 additionally to get a carpenter, for what I needed."
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+49

Recommended by77%of homeowners
Stephanie Soscia Appraisal Services
4.5(
2
)
Appraisal - Real Estate

Serving Westerly, RI and surrounding areas

In business since 2003

Stephanie Soscia is your best resource for appraisal service in the Cranston area! She values all of her clients and has been providing expert service in all of Rhode Island for years. Stephanie loves her home town. Don't underestimate the worth of finding a true professional to do your next appraisal; call today to schedule an appointment!

Response time2 hrs
Recommended by100%of homeowners
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Property Appraiser questions, answered by experts

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 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.

Ideally, you’d never pay more than the appraised value for a home, but there are some instances where it makes sense to do so. For example, if your current living arrangements are no longer viable and you need a place to move into quickly, paying more than the appraised value might be in your best interest to secure a new home. Additionally, if you’re buying in a hot market, overpaying for the home might be necessary to overcome the competition.

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 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 Westerly, RI homeowners’ guide to property appraisals

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