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Wilde Real Estate Appraisal
New to Angi
Appraisal - Real Estate

Serving Sioux Falls, SD and surrounding areas

In business since 2003

Free estimates

Credit card accepted

We are a locally owned and operated company that values honesty and integrity. We have over 15 years of Residential Appraisal experience in Eastern South Dakota to give you confidence that we are your number one choice for residential appraisals. You will find us to be professional and competitively priced with close attention to the details. We look forward to hearing from you!\nWe do not work on manufactured (mobile) home

Response time7 hrs
Property Appraiser questions, answered by experts

They provide objective, third-party valuation, guiding fair sales or purchase prices.

As a seller, it might feel tempting to skip the appraisal, especially in a hot market that sees a lot of all-cash offers. While you can technically forgo it and hope for an all-cash offer, you’ll likely have a very tough time selling without an appraisal. 

In addition to protecting lenders from risk, appraisals also protect buyers’ investments. As such, it isn’t typically recommended for buyers to skip appraisals.

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.

Mobile homes weigh anywhere between 45 to 50 pounds per square foot. Some newer options weigh up to 70 pounds per square foot. An average single-wide mobile home weighs 45,000 pounds, and a double-wide mobile home weighs about 70,000 pounds. Triple-wide mobile homes range from 90,000 to 100,000 pounds.

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.

The Sioux Falls, SD homeowners’ guide to property appraisals

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