Who does property appraisals?

<div><p>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 <a href="https://www.angi.com/angi-license-check.htm">has the proper licensing</a> 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.</p></div>

Who hires a property appraiser?

<div><p>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.</p></div>

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Verified Reviews for Property Appraisal pros in Dracut, MA

*The Angi rating for Property Appraisal companies in Dracut, MA 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 Dracut, MA 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 April 02, 2025

Reviewed in August 2022
The stylish real estate company I've ever dealt with. veritably professional, educated and helpful agents and brokers. largely recommend.
Peace Home Offers
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Reviewed in July 2021
TODD was an extreme pleasure to deal with, he made the process extremely easy. I would recommend TODD to anyone looking to get their land surveyed, His drone service with the 3-D plan was remarkable,Top-notch service!!!
RealMapInfo LLC.
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Reviewed in February 2008
Ed returned my phone call in under an hour. He wanted to be sure I understood there were other ways to value the home, i.e. real estate brokers who would give a free opinion of market value. He then explained that if I bought the house and a lender was involved, I would have to pay for another...
REITZ & ASSOCIATES
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Reviewed in July 2006
I used Reenstierna initially for the purchase of my house and most recently for an appraisal that was used in an application for a tax abatement. The appraiser was professional, attentive to the context of each appraisal, was open to input, and did a very good job explaining his decisions. A bit...
T.H. REENSTIERNA LLC
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Reviewed in April 2012
Their service is spot-on. The appraisals were where it needed to be, it was professionally handled, and done accurately. Their prices are average. They call me and get the job done on time.
Torelli Appraisal Service
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Reviewed in September 2010
It went well start to finish. Initial phone call courteous and helpful; made appt.; appraiser did some background work first and called me to report some facts he had discovered at town hall; came and did appraisal; emailed report as pdf file within 4 days, followed by hard copy in mail. My...
G&J Manfra Real Estate Appraisals (ACE Appraisal)
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Reviewed in June 2012
They seem to know the industry and the area. They did the research to do a comprehensive appraisal. The price was very reasonable.
Baseline Appraisal
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Reviewed in August 2013
He is professional works with his wife Debbie they came together to my home, they are very knowledgeable very personable, calls before he comes over comes on time, I am alone and have always felt safe and comfortable with him around. Very nice guy.
Red Rooster Appraisals
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Reviewed in March 2010
Cathy M Taylor is very courteous and very thorough. She was also very accurate according to the market.
MassConn R E Appraisals LLC
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Property appraisers in Dracut

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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FHA Appraisal Guidelines and Requirements

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