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Find Property appraisers in Townsend

Avatar for Knox Home Worx, LLC
Knox Home Worx, LLC
5.0(
1
)
Appraisal - Real Estate

Serving Townsend, TN and surrounding areas

In business since 2022

You can depend on us to provide a high quality service at a fair and honest price. We understand that the future of our business depends upon our reputation and that is why customer service is by far our highest priority. If you are looking for a professional you can trust, please call today to schedule a no-obligation estimate!

Farmers Branch Home
Cedar Hill Home
Las Colinas Home
Cedar Hill Home
Mansfield Home

+2

Response time40 mins
Response rate100%
Recommended by100%of homeowners
Michael S Fox Independent Residential Real Estate Appraiser
New to Angi
Appraisal - Real Estate

Serving Townsend, TN and surrounding areas

In business since 2004

Credit card accepted

I offer over 20 years experience in the appraisal world of real estate. I've established a solid reputation in appraising residential homes in the surrounding areas. I am committed to providing a personalized service for each individual project we take on. We look forward to building strong, long-term relationships with our clients and guarantee your satisfaction.

Property Appraiser questions, answered by experts

The entire appraisal process takes from seven to 10 days. This timeline accounts for the many steps of the appraisal process, including the post-inspection report completed by the appraiser.

Home appraisal services include the following tasks:

  • Inspect home interior and exterior

  • Evaluate materials, features, fixtures, and renovations

  • Review comparable properties

  • Write an appraisal report

The purpose of the home appraisal determines which party pays for it. You’re generally responsible for the cost if you need to know the current value of your home to refinance your mortgage, though in some instances the lender will pay for it. The buyer pays for the appraisal when they are applying for their mortgage.

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

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.

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 Townsend, TN homeowners’ guide to property appraisals

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