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Avatar for 1st Appraisal Choice, Inc.
1st Appraisal Choice, Inc.
4.8(
78
)

Serving Point, TX and surrounding areas

Approved

Super Service Award Winner

In business since 1997

Free estimates

Small jobs welcome

"Michael was awesome! This is the first time in my life I have ever had to have an appraisal done on property and I am so very pleased that I gave him a call. He arrived on time. He listened to me as I explained what my needs were. He took the time to explain certain aspects of the appraisal which I greatly appreciated. He was very kind, courteous, professional, and knowledgeable. I highly recommend him."
estimate of living area
Response time1 day
202 neighbors recently requested a quote
Recommended by86%of homeowners
Avatar for Dorman Appraisal Group
Dorman Appraisal Group
5.0(
1
)

Serving Point, TX and surrounding areas

Approved

Small jobs welcome

Logan Dorman is a Certified Residential Appraiser in the State of Texas, delivering reliable, well-supported valuations with a strong commitment to accuracy and professionalism. He is a proud member of the Association of Texas Appraisers and holds the distinguished ATA-R designation, reflecting advanced expertise and adherence to the highest industry standards. Additionally, Logan is a Certified Luxury Home Appraiser, bringing specialized knowledge to high-end and complex residential properties. His experience, attention to detail, and dedication to quality make him a trusted resource for clients across a wide range of appraisal needs.

30 neighbors recently requested a quote

FAQs for property appraisal projects in Point, TX

An appraisal is an opinion of value, so anything that is expected to boost your home value is likely to work in your favor when it comes to the appraisal. Things like improving your curb appeal, painting, refinishing floors, and taking care of minor repairs are all good investments prior to ordering an appraisal. It’s also a good idea to clear out any clutter and complete a deep clean beforehand to show your property in the best light possible.

Appraisals aren’t required by law to complete a real estate transaction, but it’s unlikely that a lender will allow a buyer to close on a property without an appraisal, so, effectively, they are usually required. Your mortgage lender uses the property as collateral for your loan, and the appraisal is what the lender will base the mortgage on to confirm the value is there to justify their investment.

The average cost of a property appraisal is around $355, but different appraisers in your area could charge anywhere from $250 to $500. Appraisals for larger properties will often cost more, as will valuations for older properties. Appraisers will use homes in the surrounding area to help determine a valuation as well, so if your home doesn’t conform to the neighborhood standards, the valuation will require more work and will likely cost more.

A licensed appraiser is the only individual that can carry out a property appraisal. You should always check to ensure an appraiser you’re considering has the proper licensing from your state. Additionally, since an appraisal is meant to be an unbiased opinion of a property’s value, you should confirm that the appraiser doesn’t have ties to any other party in the sale of the property.

Anyone can hire a property appraiser to confirm the inherent value of a property, but the buyer or buyer’s lender will usually choose the appraiser and pay the individual for their opinion. It’s also not uncommon for the seller’s side in a real estate transaction to hire an appraiser in order to justify an asking price or negotiate a higher selling price.

The Point, TX homeowners’ guide to property appraisals

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