Advice Topics
- Buying (210)
- Selling (219)
- Renting (41)
- Market News & Trends (12)
- Finance & Legal Info (99)
- Tips & Advice (100)
- Working With an Agent (55)
- Marketing (4)
- Investing (16)
- Affordable Housing (20)
- Green Housing (2)
- Schools (1)
- Remodeling (35)
- International Real Estate (8)
- Terms & Definitions (27)
- Home Loans (17)
Top Contributors (View All)
Find a Top Real Estate Agent Near You
How do I get a home appraisal?
I just need an appraisal, I do not need an agent.
Asked By Maria S. | Redford, MI | 927 views | Tips Advice | Updated 3 years ago
Answer(4)
Octavio Moreno
HomeSmart AV
What is the purpose of the appraisal report?
If you provide that information I can give you a better advice.
Kind regards
If you provide that information I can give you a better advice.
Kind regards
- 4 years ago
Helpful (1)
Unhelpful (0)
Jeff Duneske
Keller Williams Advantage
That’s completely understandable. Sometimes, you need to know what your home is worth without listing it for sale. Here’s how you can get a home appraisal in Michigan:
1. Hire a Licensed Appraiser Directly
You can contact a state-licensed or certified residential appraiser to perform an independent appraisal.
Search online through the Michigan Department of Licensing and Regulatory Affairs (LARA) or professional sites such as the Appraisal Institute or Appraisers.org.
Look for appraisers who specialize in your property type and area.
They will schedule a visit, inspect the property, review comparable sales, and provide a detailed written report showing your home’s appraised value.
2. Expect Typical Costs and Process
Cost: Most residential appraisals range from $400 to $700, depending on the size and complexity of the home.
Time: The process usually takes about a week from inspection to receiving the report.
Purpose: Be clear about why you need it, for example, estate planning, refinancing, divorce, tax appeal, or private sale. This helps the appraiser prepare the correct type of report.
3. Alternatives to a Formal Appraisal
If you just want an estimate of market value (not a legal appraisal), you could also request a Comparative Market Analysis (CMA) from a local Realtor®. A CMA is not an official appraisal, but it can give you a solid idea of what your home might sell for in today’s market, usually at no cost.
The Bottom Line
If you simply need an official valuation and are not planning to sell right now, hiring a licensed appraiser directly is the right path. If, down the road, you decide to explore selling or refinancing, I would be happy to connect you with a few trusted local appraisers and help interpret the results.
1. Hire a Licensed Appraiser Directly
You can contact a state-licensed or certified residential appraiser to perform an independent appraisal.
Search online through the Michigan Department of Licensing and Regulatory Affairs (LARA) or professional sites such as the Appraisal Institute or Appraisers.org.
Look for appraisers who specialize in your property type and area.
They will schedule a visit, inspect the property, review comparable sales, and provide a detailed written report showing your home’s appraised value.
2. Expect Typical Costs and Process
Cost: Most residential appraisals range from $400 to $700, depending on the size and complexity of the home.
Time: The process usually takes about a week from inspection to receiving the report.
Purpose: Be clear about why you need it, for example, estate planning, refinancing, divorce, tax appeal, or private sale. This helps the appraiser prepare the correct type of report.
3. Alternatives to a Formal Appraisal
If you just want an estimate of market value (not a legal appraisal), you could also request a Comparative Market Analysis (CMA) from a local Realtor®. A CMA is not an official appraisal, but it can give you a solid idea of what your home might sell for in today’s market, usually at no cost.
The Bottom Line
If you simply need an official valuation and are not planning to sell right now, hiring a licensed appraiser directly is the right path. If, down the road, you decide to explore selling or refinancing, I would be happy to connect you with a few trusted local appraisers and help interpret the results.
- 3 months ago
- Helpful (0)
- Unhelpful (0)
Are you ready to find a top agent near you?
Browse profiles of the highest ranked agents in your area and find one that meets your specific needs.
Karen M. Riscinto
Florida Lifestyle Realty Group, Inc.
Anybody can order an appraisal. If you are looking for an appraisal for personal use like for legal reasons, court ordered, divorce, equity split, arms length sale, etc. Make sure all parties agree on the appraiser and best of luck.
- 4 years ago
- Helpful (0)
- Unhelpful (0)
Reginald Perryman
Keller Williams
If the appraisal is for information purposes only that is fine. I can refer you to a local appraiser. If you plan on refinancing or selling your home you may want to wait until the lender for your transaction orders an appraisal. Most lenders will not use a third party appraisal report.
- 4 years ago
- Helpful (0)
- Unhelpful (0)
Related Questions
-
Should I order a home inspection?
Do I really need to have a home inspection? Or can I skip this?
- Asked by Mike M.
- 1394 views
- Tips & Advice
- Updated 1 month ago
-
Should I do a home inspection?
- Asked by Mike M.
- 1628 views
- Tips & Advice
- Updated 3 years ago