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How much does appraisal cost in Chicago?

Asked By Sharon L. | Wheaton, IL | 951 views | Tips Advice | 3 years ago
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Semi-Pro
83 Answers
Marty & Abby Champagne

RE/MAX Market Place

(51)

All depends on the bank you use.
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Novice
7 Answers
Kuwana Norman

Purvey Properties, Inc.

(4)

A home appraisal could cost several hundred dollars, depending on factors such as property size and location. You should call a few places in your area to get quotes.

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Novice
2 Answers
Jason Casebolt

Coldwell Banker Realty

(65)

Rather than pay for an appraisal, you could reach out to a trusted real estate agent and they can prepare a CMA(comparative market analysis) for you at no cost, and their report will take into account market conditions and what is going on in your market. That being said, if the goal is just for refinancing, then an appraisal would be required, and in my experience, they usually cost $500.
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Novice
1 Answer
Eric Brooks

Compass

(15)

In the DC metro area - appraisals cost from $450 to about $700... hope this helps. Eric Brooks Wydler Brothers of Compass Real Estate 5471 Wisconsin Ave #300 Chevy Chase, MD 20815 m: 240.532.2001 o: 301.463.7800
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Novice
1 Answer
Terry Umecker

Remax 10 in the Park

I am a Certified Residential appraiser. My fee is $400-$500 for a Single family home. More for a 2-4 unit. I dont do commercial. those are much higher. I am

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