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 La Follette, TN

*The Angi rating for Property Appraisal companies in La Follette, TN 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 La Follette, TN 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 January 2021
I highly recommend Sara Long. I hired Sara Long for a personal home appraisal when I was a home buyer. This was for an outside opinion as I wanted an appraiser whom I could trust that is different from the Lender's appraiser. This was to ensure I did not overpay for the home. She was able to...
SARA LONG
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Reviewed in June 2013
So far she is real nice. She almost kind of try to help me out of it. She is very knowledgeable and just told me a couple of things that I didn't know, what to expect and send me to pick work soon and I won't know anything until next week.
TMT Appraisal Services LLC
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Reviewed in May 2012
They are excellent; everything was covered and explained to me. The salesperson was very professional and I was very happy. I give them all A's and will use them again in the future.
REALTY EXECUTIVE ASSOC
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Reviewed in December 2012
I guess they have a code that they have to follow where they have to compare your house to three other like houses within your neighborhood or a certain distance from your home and so they did so that I could refinance my home mortgage. They did a great job and not only gave did they give me...
Keyes Appraisals LLC
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Reviewed in August 2013
He was great and very thorough. He gave us a 67 page appraisal. Everything that was wrong and everything that was right. He was really excellent. We will use him again.
VALENTINE APPRAISAL SVC
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Reviewed in May 2013
They did a great job. They were here when they said they'd be here and completed our report when they said they would.
ADVANCED APPRAISAL SVC
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Reviewed in August 2012
Two staffs came and walked around my properties. They got all the details and took pictures but I am not really satisfied because they are slow in getting the reports though I am not in a hurry. I would definitely hire them again in the future.
WOODFORD & ASSOC
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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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