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Find Property appraisers in Toano

Avatar for Premier Home Appraisals - RHR, Inc.
Premier Home Appraisals - RHR, Inc.
5.0(
3
)
Appraisal - Real Estate

Serving Toano, VA and surrounding areas

In business since 2012

Free estimates

Premier Home Appraisals - RHR, Inc., is committed to excellence in every aspect of our business. We uphold a standard of integrity bound by fairness, honesty, and personal responsibility. Our distinction is the quality of service we bring to our customers. Accurate knowledge of our trade combined with ability is what makes us true professionals. Above all, we are watchful of our customers' interests and make their concerns the basis of our business.

Response time1 day
Recommended by100%of homeowners
Avatar for The Melton Team - RE/MAX Peninsula
The Melton Team - RE/MAX Peninsula
5.0(
34
)
Appraisal - Real Estate

Serving Toano, VA and surrounding areas

In business since 2001

"We used this team to find our new retirement home.  Erin is always responsive to our needs, always had our backs when negotiating with the seller and made our new home a reality.  She always goes the extra mile for her clients.  We would use her again in a heartbeat!
"
Recommended by100%of homeowners
Colonial Appraisal Limited
5.0(
1
)
Appraisal - Real Estate

Serving Toano, VA and surrounding areas

In business since 2000

Free estimates

With years of experience in the appraisal industry, we are the experts you need to take care of your home. We handle all of your real estate appraisal needs with great care. We will treat your home as we would treat our own. Give Colonial Appraisal Limited a call today, we look forward to working with you!\n

Response time1 day
Recommended by100%of homeowners
Jeremiah Real Estate Appraisals
5.0(
1
)
Appraisal - Real Estate

Serving Toano, VA and surrounding areas

In business since 1998

Free estimates

Credit card accepted

Jeremiah Real Estate Appraisals, has more than 20 years of experience in the appraisal and real estate business. We are efficient, knowledgeable, and professional. We also deliver reports to you electronically. We specialize in the following non-lender appraisals: pre-listing, purchase market value, tax appeals, private mortgage insurance removal, land value, reinstatement of a home equity line of credit due to bank freeze, estate, and, bankruptcy. When experience counts, you can count on our experience and expertise.

Response time1 day
Recommended by100%of homeowners
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Property Appraiser questions, answered by experts

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.

While some aspects of an appraisal, such as comparable properties nearby, are out of your control, there are several steps you can take to potentially increase your home's value. Make any necessary repairs and upgrades before the appraiser's visit, as they can only value what is currently part of the home, not its potential. Examples include renovating older areas, updating landscaping to boost curb appeal, and staging your home. You can also provide the appraiser with the cost of recent upgrades, which may increase your home's value by about 50% or more of what you paid for those improvements.

Both conventional loans and FHA loans are types of mortgages, but they have a few key differences. Conventional loans are backed by private lenders without any government backing, and FHA loans are guaranteed by a government agency. FHA loans are designed to be easier for borrowers with low credit scores or income to qualify for.

Costs depend on the property size, audit complexity, and whether additional testing (e.g., blower door) is included.

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.

The Toano, VA homeowners’ guide to property appraisals

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