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Avatar for The Matt Hilton Group- Step Up Realty
The Matt Hilton Group- Step Up Realty
5.0(
12
)
Appraisal - Real Estate

Serving Leonard, TX and surrounding areas

In business since 2006

"My wife and I recently sold our home with Hilton Realty Advisors and are now finishing the buying process.  Matt is a pleasure to work with. He is always upbeat, and ready for a challenge. He is very responsive to phone calls and emails regardless of time or day. Matt is prepared to answer the tough questions and give you honest answers. He is your advocate from the beginning to the end of the process. Matt has superior knowledge and is well respected among his peers. Matt demonstrates a love for his profession, his clients, and for his community. His firm?s dedication to serving the community was one of the things that made us choose Matt. We would have no hesitation in recommending Matt to family or friends for any real estate needs large or small. We both will consider Matt a friend long after this process is over.

-Aaron, McKinney TX"
Matt's New Headshot
Recommended by100%of homeowners
Avatar for Marketplace Housing
Marketplace Housing
4.3(
11
)
Appraisal - Real Estate

Serving Leonard, TX and surrounding areas

In business since 2003

Free estimates

Emergency services offered

"Office staff is always available for help. No job is too small or too big. They are responsive to our needs for service requests from roofing to foundations. All aspects of home repairs have been done professionally and in a timely manner. I would recommend Marketplace Homes for all your property management needs regarding property repairs and maintenance."
Recommended by77%of homeowners
Avatar for OmniKey Realty
OmniKey Realty
3.7(
16
)
Appraisal - Real Estate

Serving Leonard, TX and surrounding areas

In business since 2006

Free estimates

Emergency services offered

"OmniKey Realty manages 2 of my properties and they do an amazing job. They have really done well communicating through there portal, which is very convenient. They hold the tenants accountable to their lease."
BBB
NARPM
Realtor/MLS
Recommended by76%of homeowners
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Property Appraiser questions, answered by experts

The cost ranges from $300 to $500, depending on the property's size and location. Due to their complexity, commercial appraisals may cost more.

Estate shutters are considered a high-end window treatment that increases home value. As previously mentioned, this project comes with an ROI of up to 75%. Shutters can also improve your home’s energy efficiency, especially if you choose PVC or faux wood shutters, which will lead to long-term savings on your energy bills.

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.

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.

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 Leonard, TX homeowners’ guide to property appraisals

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