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TRUSTED BY BROOKFIELD, WI HOMEOWNERS

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

Find Property appraisers in Brookfield

Avatar for Cedar Creek Appraisal LLC
Cedar Creek Appraisal LLC
5.0(
3
)
Appraisal - Real Estate

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
)
Appraisal - Real Estate

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 He provided an appraisal of a very outdated home that needed a major rehab.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

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.

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.

Whether a scullery is worth it depends on how much you like to cook and entertain. If you frequently host gatherings—a scullery is likely worth the money. If you’re looking for ROI, it’s not so clear. It may not add significant value to your home, as it doesn’t increase square footage and may repurpose space that a buyer would have preferred to remain as-is (like a laundry room). 

You can be present during a home appraisal, but it’s best to stay out of the appraiser’s way. Make yourself available, but don’t engage or interrupt, and don’t discuss value or your target sales price. If possible, have your agent present in the house instead of being present yourself.

Appraisals can come in above or below the list price or offer price for a property, and where it falls depends on many factors. Those include the condition of the property, the location, and the age of the home, but often, the condition of the market is the biggest determining factor. Where demand is high for properties, buyers compete with each other for homes, which tends to drive up offer prices above where appraisals come in. Where demand is low, you’ll often see the opposite happening.

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.