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TRUSTED BY VIENNA, VA HOMEOWNERS

  • Average homeowner rating star icon4.3
    Average homeowner rating
  • Verified reviews icon17
    Verified property appraisals reviews

Find Property appraisers in Vienna

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

Serving Vienna, 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 Vienna, 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
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Property Appraiser questions, answered by experts

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.

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.

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

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 purpose of the home appraisal determines which party pays for it. You’re generally responsible for the cost if you need to know the current value of your home to refinance your mortgage, though in some instances the lender will pay for it. The buyer pays for the appraisal when they are applying for their mortgage.

The Vienna, VA homeowners’ guide to property appraisals

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