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Verified Reviews for Property Appraisal pros in Carol Stream, IL

*The Angi rating for Property Appraisal companies in Carol Stream, IL is a rating based on verified reviews from our community of homeowners who have used these pros to meet their Property Appraisal needs.

*The HomeAdvisor rating for Property Appraisal companies in Carol Stream, IL is a rating based on verified reviews from our community of homeowners who have used these pros to meet their Property Appraisal needs.

Last update on February 06, 2025

Reviewed in October 2023
I recently used Property Analysis Corp for a residential real estate appraisal. Dave was professional and demonstrated significant knowledge of the local residential market. He was prompt, courteous and efficient. I would not hesitate to use their services again.
Property Analysis Corp
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Reviewed in December 2020
I contacted Citywide's Michael Walsh and he responded within 15 minutes. He came out within a few days and was very thorough. I received a multi-page appraisal that was extremely detailed with many pictures, comps and other things I had never thought of. Michael is a shining example of what an...
Citywide Services
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Reviewed in July 2020
Michael was thorough and took the neighborhood as well as the house itself into consideration. His completion of the appraisal was timely and clear.
Citywide Services
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Reviewed in February 2016
Michael was able to come the same day I bought a deal from Angie's list. He took measurements, photos, answered my questions during the appointment, and 10 days later I received my appraisal in a PDF file, that I was able to immediately submit to the bank. Prompt. Professional. Knowledgeable....
Citywide Services
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Reviewed in April 2017
Michael responded immediately and was available right away. He completed the appraisal in 24 hours from the time of the walk-through. He was professional and courteous. I will definitely recommend his services to family and friends.
Citywide Services
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Reviewed in January 2017
Michael was very professional, prompt and reasonable. I had to change the date near the last minute and he was flexible and accommodating. His appraisal was very detailed using 7 comparables plus the income method.
Citywide Services
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Reviewed in April 2016
It was great working with Michael - he was responsive, punctual and his appraisal was thorough.  I look forward to hiring him again for future appraisals.  
Citywide Services
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Reviewed in September 2016
I selected Michael Walsh based on the many positive reviews. Michael was flexible (accommodating a change in the appraisal date at short notice). He was prompt and thorough and provided the final report in about a week. I had a couple of questions about the report and Michael was available to...
Citywide Services
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Reviewed in September 2016
I looked on Angie's list to find the best and most reliable appraisal service in my area and selected Citywide based on the many positive reviews. Michael Walsh was great and seem to have a lot of experienced in his field. He was on time and conducted a thorough appraisal, he sent a professional...
Citywide Services
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Reviewed in December 2015
Very, very happy with Michael and his service.  We contacted Michael based on his favorable Angie's List reviews to perform an appraisal of our home.  He responded quickly, set up a convenient appointment time, and performed as promised.  His turnaround is great, the work is...
Citywide Services
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Property appraisers in Carol Stream

Property appraisals FAQs

An appraisal is an opinion of value, so anything that is expected to boost your home value is likely to work in your favor when it comes to the appraisal. Things like improving your curb appeal, painting, refinishing floors, and taking care of minor repairs are all good investments prior to ordering an appraisal. It’s also a good idea to clear out any clutter and complete a deep clean beforehand to show your property in the best light possible.

Appraisals aren’t required by law to complete a real estate transaction, but it’s unlikely that a lender will allow a buyer to close on a property without an appraisal, so, effectively, they are usually required. Your mortgage lender uses the property as collateral for your loan, and the appraisal is what the lender will base the mortgage on to confirm the value is there to justify their investment.

The average cost of a property appraisal is around $355, but different appraisers in your area could charge anywhere from $250 to $500. Appraisals for larger properties will often cost more, as will valuations for older properties. Appraisers will use homes in the surrounding area to help determine a valuation as well, so if your home doesn’t conform to the neighborhood standards, the valuation will require more work and will likely cost more.

A licensed appraiser is the only individual that can carry out a property appraisal. You should always check to ensure an appraiser you’re considering has the proper licensing from your state. Additionally, since an appraisal is meant to be an unbiased opinion of a property’s value, you should confirm that the appraiser doesn’t have ties to any other party in the sale of the property.

Anyone can hire a property appraiser to confirm the inherent value of a property, but the buyer or buyer’s lender will usually choose the appraiser and pay the individual for their opinion. It’s also not uncommon for the seller’s side in a real estate transaction to hire an appraiser in order to justify an asking price or negotiate a higher selling price.

The homeowners guide to property appraisals

From average costs to expert advice, get all the answers you need to get your job done.

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Home inspector discusses issues with homeowners

Dan Simms

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Dec 12, 2024

FHA Appraisal Guidelines and Requirements

FHA loans are backed by the government and come with specific FHA appraisal guidelines and requirements. Learn what an FHA appraisal entails in this guide.