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Avatar for Professional Appraisal Services, Inc.
Professional Appraisal Services, Inc.
4.1(
15
)

Serving Cayce, SC and surrounding areas

Approved

In business since 2004

Credit card accepted

Customers say: True professional

"Appraiser promptly replied to my request and emailed the details requested, as requested. I would have hired him if it weren't for the fact that my lender required the use of their pre approved appraiser."
Construction appraisals
Subject to construction or addition appraisals
Kitchen need an update?
New construction appraisal/Traditional style
Lake lot appraisal/land or land & home

+5

Response time1 day
Recommended by91%of homeowners
Avatar for Loyer & Loyer Appraisal Services
Loyer & Loyer Appraisal Services
New to Angi

Serving Cayce, SC and surrounding areas

Approved

In business since 1990

Free estimates

Credit card accepted

Loyer & Loyer Appraisal Services, Inc. has been a leading provider of real estate valuations for over 30 years. We are widely recognized as the fastest and highest quality appraisal businesses in the Columbia, South Carolina Metro Area.

Response time7 hrs
Avatar for Right Approach Appraisals
Right Approach Appraisals
5.0(
2
)

Serving Cayce, SC and surrounding areas

In business since 2023

Free estimates

Emergency services offered

Right Approach Appraisals, with 10 years of real estate appraisal experience, 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 our trade combined with ability is what makes us true professionals. Above all, we are watchful of our customers' interests, and make their concerns the basis of our business.

Exterior Appraisal pg 1
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+70

Response time2 hrs
Response rate89%
Recommended by100%of homeowners
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Property Appraiser questions, answered by experts

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 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

Depending on the size of the home, the appraisal itself can take several hours. After the appraiser’s visit is complete, it can take between a few days and a few weeks to get the report back. This timeline is largely dependent on the appraiser’s workload, research requirements, efficiency, and other factors.

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.

While there’s technically no limit to the dollar amount you can borrow for a home addition, the standard limit is around 80% of the value the addition is expected to add to your home. That means you could feasibly borrow up to $80,000 if an appraiser determines that the addition or bump out will add $100,000 in value to your property. You might also be limited by your debt-to-income ratio or credit score.

The Cayce, SC homeowners’ guide to property appraisals

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