House appraisal costs have gone up in the past few years. The cost of a house appraisal vary depending on the area and the type of the appraisal. This article will explain the different costs associated with getting a home appraisal and what your options are. This article will also explain how to lower the costs of a house appraisal.
The most expensive method of getting an estimate on your home’s value is to use a professional home appraiser. This person is licensed to give a value estimate by the state you live in. The typical costs are between two hundred and fifty dollars upwards to six hundred dollars depending on the location and size of your home. Typically this type of estimate will take a couple of hours to complete. The home appraiser will come to your home and do several things.
He will measure the size of your home
He will take pictures of your house
He will look at the age and damage to the home
He will look at added or special upgrades
He will compare your home with three other similar homes within a few miles of your home
After the appraiser is finished, he will create a report that will give you a fairly decent estimate.
Another method is to use a real estate agent to give you an no cost estimate. Real estate agents love to get more business, and they are more than happy to help you. I suggest getting three realtors who are experienced with selling homes in your neighborhood and asking each one for an appraisal. This method is fairly accurate, but can’t be used for loan purposes or financing a home. I would use this method if you plan on selling your home in the near future or you just are curious about the value of your house.
The last method is to use one of the online services. Typically this service doesn’t cost anything and only takes a few seconds to get a decent value back. All you need to do is enter your address, and basic information about the home. The service will compare your home to recent home sales in your area and will calculate an estimate. I like this method if you are buying or selling your home. Since it is free then you can use it often and you can use it to check the value the real estate agent is giving you.