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Floyd and Varney
5.0(
3
)
Appraisal - Real Estate

Serving Thaxton, VA and surrounding areas

In business since 1997

Free estimates

Credit card accepted

Floyd & Varney, LLC started 1997 by Robert Floyd and Richard Varney. Over the last 22 years we have completed thousands of appraisals, one at a time. Our goal is to is to be accurate, prompt, honest, and helpful. We are looking forward to helping you before, during and after the appraisal. We do appraisals for mortgages, buyers and seller, divorce proceedings, estates, and homeowners wanting to remodel or expand their present home.

Response time5 hrs
Response rate92%
Recommended by100%of homeowners
Hometown Appraiser, LLC
5.0(
1
)
Appraisal - Real Estate

Serving Thaxton, VA and surrounding areas

In business since 2016

Free estimates

Credit card accepted

We have over 14 years of industry experience and are dedicated to providing our clients with the very best appraisal services. Our company foundation is built on honesty and integrity. We take pride in the quality of our work and our commitment to outstanding results. We look forward to building long-term relationships with our clients, and guarantee your satisfaction!\n

Response time6 days
Recommended by100%of homeowners
Property Appraiser questions, answered by experts

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.

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

The entire appraisal process takes from seven to 10 days. This timeline accounts for the many steps of the appraisal process, including the post-inspection report completed by the appraiser.

Home appraisal services include the following tasks:

  • Inspect home interior and exterior

  • Evaluate materials, features, fixtures, and renovations

  • Review comparable properties

  • Write an appraisal report

A property valuation, sometimes called a comparative market analysis or CMA, provides a real estate expert’s opinion on how much your property will sell for. It takes many things into consideration, like the condition and location of the home, but ultimately, all that matters for a property valuation is what a buyer might be willing to pay for the property. An appraisal is more concerned with determining the value. A valuation is to estimate what you’ll get for a property, while an appraisal helps a lender establish loan-to-value ratios and loan amounts.

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 Thaxton, VA homeowners’ guide to property appraisals

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