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*The Angi rating for Property Appraisal companies in Abingdon, VA is a rating based on verified reviews from our community of homeowners who have used these pros to meet their Property Appraisal needs.

*The HomeAdvisor rating for Property Appraisal companies in Abingdon, VA is a rating based on verified reviews from our community of homeowners who have used these pros to meet their Property Appraisal needs.

Last update on April 12, 2024

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Avatar for Varvashenya Development & Valuation
Varvashenya Development & Valuation
5.0(
5
)

Serving Abingdon, VA and surrounding areas

Approved

In business since 2015

Free estimates

Small jobs welcome

"The appraiser was great—professional, thorough, and easy to work with. They explained the process clearly and made the whole experience smooth and stress-free. Highly recommend."
66 neighbors recently requested a quote
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Property Appraiser questions, answered by experts

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 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.

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

Around 1-2 weeks, including inspection and reporting time for an official evaluation.

The Abingdon, VA homeowners’ guide to property appraisals

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

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