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How much does an Appraisal usually cost?

Asked By Paul F. | Hurricane, WV | 1708 views | Tips Advice | Updated 1 month ago
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Amanda Courtney

REP Realty Group

(10)

A typical home appraisal costs between $400 and $700 depending on the property’s size, location, and complexity. Larger or unique properties, like acreage or historic homes, may cost a bit more due to additional research and comparable data needed.
Hi Paul -- if you are buying a home, your lender will schedule the appraisal for your financing and it can run $500-$600 range. If you are looking to have your home appraised just to establish a value -- that price is sometimes reduced. As an alternative -- if you are just looking for a value -- a local real estate expert that works in your community can give you an estimate of value based on current market conditions at no charge. Best wishes!
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Rising Star
11 Answers
Claudia Looi

Keller Williams Landmark II

(44)

In New York, appraisal costs vary based on the type of property and its complexity. For most single-family homes and standard condos and co-ops, appraisals typically range from $300 to $700. Larger homes, multi-family properties, mixed-use buildings, or unique residences can cost $800 or more, since they require additional analysis and comparable data. Your lender orders the appraisal, and the exact fee will depend on the size, location, and type of property being evaluated.
Peter MacIntyre

Re/Max Real Estate Professionals East Lansing

(57)

Feel free to give the MacIntyre and Cowen team a call at (517)999-2675. We would be more than happy to help.
Jillian Gumb

Real Estate 2000 ME/NH

(6)

Hi Paul,

There are a few factors that would go into this. It depends on the area you are in, how busy the appraisers are at the time and how quickly you need it back by, the size and similar factors of the home. You should be able to call and get an estimate from either your lender or a local appraising company. Where I am located an average home appraisal is roughly $600 at the moment.
Mark Dietel

Mark Dietel Realty

(234)

Hi Paul, The average appraisal costs about $400-$600. When scheduling the appraisal, be sure to verify their fee, their experience/knowledge of your property type, the scope of the appraisal, and which parts of the property they will need access to.
Christina McIntosh

Christie's International Real Estate

(52)

Hi Paul - Depending on your area, appraisals run between $400-$700. I have seen them as high as $850.
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Novice
1 Answer
Matthew Cowie

Prince Associates

(60)

An appraisal typically costs between $500 and $800 for a standard single-family home, depending on your location, the size of the property, and the complexity of the valuation. Rural areas, unique properties, or larger homes can run higher sometimes $900 to $1,200+.

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