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TRUSTED BY BROOKFIELD, WI HOMEOWNERS

  • Average homeowner rating star icon4.8
    Average homeowner rating
  • Verified reviews icon37
    Verified property appraisals reviews

Find Property appraisers in Brookfield

Avatar for Asset Business Solutions
Asset Business Solutions
4.1(
61
)

Serving Brookfield, WI and surrounding areas

Approved

In business since 2003

Free estimates

Small jobs welcome

"Did a very thorough job and was pleasant to work with. Only one snafu. He promised the appraisal by Monday or Tuesday (emailed). It did not arrive until Wednesday afternoon."
Appraisal
Response time8 hrs
Recommended by89%of homeowners
Avatar for Cedar Creek Appraisal LLC
Cedar Creek Appraisal LLC
5.0(
3
)

Serving Brookfield, WI and surrounding areas

In business since 2004

Free estimates

"They did a detailed job of appraising my property and (at my request) pointing out items that could be fixed or corrected to help increase the property's value if they were acted on. The appraisals were only for my knowledge of the value and were not needed by any banks or for any other considerations other than the sale price. I had them do an appraisal of the "as-is" value as well as a second one for "after-repaired-value" so I could see if renovations were worth the cost vs benefit. Because of this approach, and the suggestions for improvement, I have a much more solid idea of what I want to do with the property in preparation for sale. Thank you for the help! :-)"
Response time7 hrs
Recommended by100%of homeowners
Brian Butcher Appraisals
5.0(
3
)

Serving Brookfield, WI and surrounding areas

In business since 1994

Free estimates

"Brian is great to work with. He provided an appraisal of a very outdated home that needed a major rehab. It was helpful to have the appraisal since we had no idea what the home was worth in its condition. His fee was very reasonable and the appraisal was close to what the home ultimately sold for. I highly recommend Brian Butcher!"
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.

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.

A koi pond may add value to your home if it’s a feature sellers are looking for. Like pools, ponds can affect your property value depending on their condition, whether they’re a popular selling point, and how well they’re incorporated into your home’s landscape.

The cost to appraise a home depends on the type. Common types include:

  • Single-family homes: $300–$400

  • FHA or VA single-family homes: $400–$500

  • Condominium: $300–$500

  • Multi-family home: $500–$1,000

  • Apartment building: $1,500–$3,000

  • Commercial properties: $1,400–$10,000

  • Raw land: $1,000–$8,000

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 Brookfield, WI homeowners’ guide to property appraisals

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