The cost for a home appraisal depends on the scope of the appraisal, meaning what type of house is subject to the appraisal.
During our free over the phone consultation, we try to determine what are the client needs (what type of appraisal the client needs), then by obtaining the address of the house that is subject of the appraisal, we are typically able to determine through the tax records and aerial maps the relevant characteristics of the home and based upon that information we can provide you the real estate appraisal cost to produce credible appraisal report.
The tax records help the appraiser to determine the size (GLA) of the home that is subject to the real estate appraisal, land size, etc.
The aerial maps of the location help the appraiser to determine the complexity of the real estate appraisal due to adverse external factors that might be present such as closer immediate proximity to freeways, busy traffic arteries, high-voltage power lines, etc. that may have an adverse effect on the value of the property or positive influence on value such as waterfront property.
The relevant characteristics of the home determine the cost of the Real Estate Appraisal. Call now with your home appraisal needs for a free consultation with our chief appraiser Aleksandar (Alek) Petreski