Appraisal costs

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Updated: 4/13/2007 10:48 am
If you're interested in selling your home, you may enlist the service of a real estate appraiser to provide a professional estimate value of your property. On average, this service costs around $200 (two hundred) to $300 (three hundred dollars). However, many factors, like the size, location, and architectural design of the house, can affect the appraisal fee. For example, properties with uncommon architectural designs can make appraisals more difficult, and thus, increase the cost. Also, appraisers will generally charge more to examine larger homes, as it'll require more time to make an assessment. The fee may also increase if the appraiser must travel a lengthy distance to get to your house. When searching for an appraiser, it may be helpful to look for reputable companies that are associated with professional real estate organizations that uphold the industry's code of ethics. Keep in mind that an appraiser's estimate of your home's worth is a professional opinion. There's no guarantee that you'll sell the property at the appraised value. For more information about the cost of appraisals, contact a real estate professional.
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