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  • Average homeowner rating star icon4.7
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  • Verified reviews icon33
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Ronald Gambardella
5.0(
1
)
Appraisal - Real Estate

Serving Chesapeake, VA and surrounding areas

Approved

In business since 1990

Free estimates

Customers say: Quick response

Ronald Gambardella is a real estate valuation firm performing appraisals for lenders, real estate agents, lawyers, accountants and private parties. We pride ourselves on our high quality, diligently prepared and thoroughly readable appraisal reports. You can count on our experience, ethics, competence, diligence and delivery. Our business is built on these values. When it comes to making important real estate investment decisions, the more you know, the better decision you can make. Give us a call today!

Response time9 hrs
1 neighbors recently requested a quote
Recommended by100%of homeowners
Avatar for BK Appraisal Services
BK Appraisal Services
4.7(
38
)
Appraisal - Real Estate

Serving Chesapeake, VA and surrounding areas

In business since 2006

Free estimates

Credit card accepted

"We hired BK for a home appraisal. They were prompt and had the paperwork to us quickly. Thier appraisal was identical to what the mortage company's appraiser did a month later."
Response time10 hrs
Recommended by94%of homeowners
Showing 1-10 of 19
Property Appraiser questions, answered by experts

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.

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.

Ideally, you’d never pay more than the appraised value for a home, but there are some instances where it makes sense to do so. For example, if your current living arrangements are no longer viable and you need a place to move into quickly, paying more than the appraised value might be in your best interest to secure a new home. Additionally, if you’re buying in a hot market, overpaying for the home might be necessary to overcome the competition.

Basement bedrooms can count toward your room count and the square footage of your home on an appraisal if they’re fully legal, which means they have proper ventilation and points of egress, as defined by your local building code. Simply partitioning off a space for a bedroom in an otherwise unfinished basement that isn’t a legal living space won’t affect your appraisal value.

Ensures accurate valuation reflecting current market conditions, assisting in financial decisions.

The Chesapeake, VA homeowners’ guide to property appraisals

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