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Avatar for Cape Appraisal Service
Cape Appraisal Service
4.8(
22
)
Appraisal - Real Estate

Serving Delavan, WI and surrounding areas

Approved

In business since 1980

Free estimates

Offers commercial services

"Fritz was thorough in the work that he did to appraise my house. I actually had two appraisers do an appraisal on the house, and Fritz appraisal, while below the other one, made more sense to me and gave me great information to move forward with my house."
Response time7 hrs
Response rate88%
39 neighbors recently requested a quote
Showing 1-10 of 14
Property Appraiser questions, answered by experts

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

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.

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.

Your home insurance company may allow you to use an appraisal instead of an inspection when you apply for coverage. Keep in mind that despite this, an appraisal is far less detailed than the different types of home inspections available and may not reveal potential risks that you’ll want to know about.

Yes, appraisals are often used for property tax appeals, estate planning, and determining market value.

The Delavan, WI homeowners’ guide to property appraisals

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