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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Q: Do I need a property appraisal to buy a home?

<div><p>Appraisals aren&rsquo;t required by law to complete a real estate transaction, but it&rsquo;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.</p></div>

Q: How much does a property appraisal cost?

<div><p>The <a href="https://www.angi.com/articles/how-much-does-home-appraisal-cost.htm">average cost of a property appraisal</a> is around <b>$355</b>, but different appraisers in your area could charge anywhere from <b>$250 to $500</b>. 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&rsquo;t conform to the neighborhood standards, the valuation will require more work and will likely cost more.</p></div>

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Verified Reviews for Property Appraisal pros in Faith, NC

*The Angi rating for Property Appraisal companies in Faith, NC 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 Faith, NC 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 06, 2025

Reviewed in June 2003
WE BOUGHT ONE OF THE HOMES AFTER THEIR APPRAISAL. THEY SAVED US FROM A BIG MISTAKE ON THE OTHER HOME. SAM COCHRAN SPECIALIZES IN THE MEYERS PARK AND DILWORTH AREAS, AND HE IS EXCELLENT. HE REALLY KNOWS HIS STUFF, AND IS STRAIGHT FORWARD AND EASY TO DEAL WITH!
COCHRAN HELMS ASSOCIATES
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Reviewed in February 2014
I really like him. My experience was great. He's very professional and he did a really good job. I'm hiring him again to do two measurements for me. I think his price was reasonable for what he does.
Home Analytics
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Reviewed in February 2003
MR. LANGSTON AND HIS SON TOGETHER THOROUGHLY REVIEWED THE PROPERTY. I WAS TOLD IT MAY TAKE ABOUT A WEEK BEFORE THEY WOULD HAVE THE PAPERWORK READY. TO MY SURPRISE, I WAS NOTIFIED 3 DAYS LATER THAT IT WAS COMPLETE. THE WORK WAS THOROUGH; THEY WERE PROFESSIONAL, COURTEOUS AND PROMPT.
LANGSTON REALTY SERVICES
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Reviewed in October 2005
SHERRY GEE PERFORMED OUR APPRAISAL AND WAS VERY FAMILIAR WITH THE NEIGHBORHOOD AND COMPARABLE HOMES. VERY EASY TO WORK WITH!
MILLER APPRAISAL GROUP
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Reviewed in February 2013
I contacted the owner Darin Fiola and he came to my home within 48 hours. He was personable, intelligent and professional. He spent a good amount of time getting the infomation, measuements and pictures need to start the process. We talked on the phone and used email during the time he was...
Cobblestone Appraisals, LLC
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Reviewed in February 2016
Wonderful- the area we were searching had very limited options, especially when looking over the holidays. The agent, Lee Bryant, did a fantastic job in helping us find a home in a great neighborhood. Definitely recommend to others
On The Move Charlotte, Keller Williams Realty
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Reviewed in February 2003
THE APPRAISER WAS RIGHT ON TIME. VERY NON-INTRUSIVE. VERY DETAILED REPORT, INCLUDING PHOTOS (EVEN ON THE COMPARATIVE HOMES IN THE AREA).
Lindsley Appraisal Services
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Reviewed in September 2013
I met with Bill and showed him around the property. He ask a few questions about the house and I answered. He then went about the place taking notes and diagrams. He was very cordial. Before he left he gave me an approximate date I would receive the appraisal. When I received it it was very...
APPRAISAL CO
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Property appraisers in Faith

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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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.