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How much does appraisal cost in Chicago?
Asked By Sharon L. | Wheaton, IL | 1010 views | Tips Advice | 3 years ago
Answer(5)
Marty & Abby Champagne
RE/MAX Market Place
All depends on the bank you use.
- 3 years ago
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Kuwana Norman
Purvey Properties, Inc.
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.
- 2 years ago
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Jason Casebolt
Coldwell Banker Realty
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.
- 3 years ago
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Eric Brooks
Compass
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
- 3 years ago
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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
- 3 years ago
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