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Avatar for Ark Limited Appraisals, Inc.
Ark Limited Appraisals, Inc.
New to Angi
Appraisal - General

Serving Sumas, WA and surrounding areas

In business since 1986

Emergency services offered

Small jobs welcome

Ark Limited Appraisals, Inc., is committed to excellence in every aspect of our business. We uphold a standard of integrity bound by fairness, honesty, and personal responsibility. BY APPOINTMENT ONLY: Please contact us by email at [email protected] or by cell phone at 206 327 9643 for more information. Fee Schedule: Ark Limited Appraisals charges fees on an hourly basis. No estimates on services given, although once property is inspected general ideas of total charges will be suggested. Please Note: Trained and certified personal property appraisers are rare in our region. We of course do extensive business in the Seattle area. and regularly travel locally and regionally to service our customers outside the Seattle area because of the shortage of legally qualified professionals. We are happy to assist wherever you are!\nIn certain cases, driven by pandemic concerns, virtual servicing is possible. Please contact us for details. NO JEWELRY APPRAISED.\n\n\n\n\n

Response time1 day
Response rate100%
Antiques and Jewelry Appraisals 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.

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.

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.

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.

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 Sumas, WA homeowners’ guide to antique and jewelry appraisals

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