Ask Bob Home Value How do I get a professional home appraisal?

How do I get a professional home appraisal?

By Bob Millaway, South Jersey Community Expert & REALTOR®

Your lender will order an appraisal as part of the mortgage process for buying or refinancing. If you want an appraisal outside of a transaction, you can hire a licensed appraiser directly. The Appraisal Institute and your state's licensing board maintain directories of qualified appraisers. Expect to pay $400 to $700 for a standard single-family home appraisal.

Why It Matters

A professional appraisal is the most accurate way to determine your home's value for financial decisions, estate planning, or tax appeals.

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