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Avatar for SML Appraisal Services
SML Appraisal Services
3.6(
8
)
Appraisal - Real Estate

Serving Merrifield, VA and surrounding areas

Approved

In business since 2013

Customers say: Quick response

At SML Appraisal Services, we take great pride in our experience, expertise, quality and customer service that we provide to meet the consumer's needs. It is our mission to provide excellent workmanship and complete customer satisfaction from start to completion of a project. In order to understand the needs and expectations of our customers, we take great care to work and communicate with every customer in a professional manner. Our reputation is based on service, safety and quality, regardless of how large or small the job.

Response time40 mins
Recommended by66%of homeowners
Avatar for 360 Appraisals
360 Appraisals
5.0(
1
)
Appraisal - Real Estate

Serving Merrifield, VA and surrounding areas

Approved

In business since 2015

Free estimates

Customers say: Quick response

With over 4 years experience in the Appraiser industry, 360 Appraisals, is your industry expert in Ashburn. We pride ourselves on our extreme professionalism and attention to detail. Our customer satisfaction guarantee will assure you we will not leave your property until you are completely satisfied with our work. As a family owned and operated business you can trust that we will treat your home as we would treat our own. Give us a call today we look forward to working with you!

Response time7 hrs
Response rate92%
Recommended by100%of homeowners
Avatar for Alpha Appraisers, LLC
Alpha Appraisers, LLC
4.8(
61
)
Appraisal - Real Estate

Serving Merrifield, VA and surrounding areas

In business since 2018

Free estimates

"Gus is businesslike and prompt. He was able to arrange an appointment within a few days of my contacting him and he produced the appraisal materials within a week. He also recommended a team to do some work for me and they were also exactly what I needed at the time and they did their work in a professional and timely fashion."
Victorian House
Exterior
Exterior
Interior
Response time4 hrs
Recommended by96%of homeowners
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Property Appraiser questions, answered by experts

The differences between market value and appraised value depend on the local market, so they can match, or either one can be higher than the other. In a “seller’s market,” where there is an abundance of buyers, market value will likely sit higher than the appraised value because there’s more demand for the low inventory of homes. In a “buyer’s market,” where there are more homes than there are buyers, the market value is more likely to sit below the appraised value to entice buyers.

An FHA appraisal is valid for 180 days from the effective date of the report. In some cases, you can have the appraisal recertified if you make your request before the original expires so that you still may obtain an FHA loan. If approved, your appraisal update is valid for one year.

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

Yes, installing a tennis court can be a worthwhile home improvement project that adds value to your property. The potential increase in value can range from $20,000 to $150,000, and in some cases, the return on investment can cover more than 60% of the installation cost. However, the impact on value heavily depends on the size of your property. For homes with multiple acres, a tennis court is often a valuable amenity. In contrast, for homes on smaller lots, installing a court can decrease the property's value because it consumes a significant portion of the usable yard space. It's crucial to consider your property size and the remaining usable yard before proceeding.

Appraisals are not mandatory but are helpful for pricing accuracy and negotiation purposes.

The Merrifield, VA homeowners’ guide to property appraisals

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