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Accurate Appraisal Services, LLC
New to Angi
Appraisal - Real Estate

Serving Cumberland, VA and surrounding areas

In business since 1999

If you are requesting an appraisal for LENDING purposes, new mortgage or refinance, the lender must order the appraisal. This is Federal regulations. \n\nI can help you with an appraisal for an estate settlement, tax challenges, to determine the current market value of your home to place on the market or to determine the value of a property to make an offer. If you are refinancing or applying for a new loan, mortgage, your lender orders the appraisal.

Response time3 hrs
Property Appraiser questions, answered by experts

They provide objective, third-party valuation, guiding fair sales or purchase prices.

Your home insurance company may allow you to use an appraisal instead of an inspection when you apply for coverage. Keep in mind that despite this, an appraisal is far less detailed than the different types of home inspections available and may not reveal potential risks that you’ll want to know about.

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.

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.

Depending on the size of the home, the appraisal itself can take several hours. After the appraiser’s visit is complete, it can take between a few days and a few weeks to get the report back. This timeline is largely dependent on the appraiser’s workload, research requirements, efficiency, and other factors.

The Cumberland, VA homeowners’ guide to property appraisals

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