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Verified Reviews for Property Appraisal pros in Mchenry, IL

*The Angi rating for Property Appraisal companies in Mchenry, 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 Mchenry, 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 02, 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 September 2013
it went very well. Michael came to the property within a day or two of my contacting him and within a week he provided me with a complete report with comparable s and very professional analyst of the property.
Citywide Services
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Reviewed in July 2015
Everything went very well.  Mr. Walsh showed up when he said he would and inspected the house.  A week later he provided a very thorough and detailed appraisal report.
Citywide Services
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Reviewed in August 2015
I called to set up the appraisal and my call was returned promptly.  The appointment was set up very quickly and was done on schedule.  The appraisal was very thoroughly done and of the appraisals I had done, I believe this one was the most accurate. I was very satisfied with this...
Citywide Services
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Reviewed in January 2016
Michael did a great job with the appraisal. This had to be done in a hurry, but Michael was very accommodating and answered his phone even after the regular working hours to provide me the needed information. He was very easy to work with and I would certainly use his services in the future and...
Citywide Services
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Reviewed in March 2016
A+++ for the service provided by Mr. Walsh.  We set up the appointment and he came on time and performed the necessary work.  He made a way to get what I needed done even though he was leaving for vacation the same day.  I really appreciate that he took time out for me.  I...
Citywide Services
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Reviewed in March 2016
Mr. Walsh was great.  He was on time, conducted a thorough appraisal, sent the report quickly, and the report was very thorough and professional. I appreciate Mr. Walsh working with my unique circumstances.  I plan on purchasing other properties in the future, and  will...
Citywide Services
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Reviewed in February 2018
Michael Walsh was a complete professional to conduct business. The appraisal is very through and complete.
Citywide Services
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Property appraisers in Mchenry

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.