Real Estate Appraisals in Pennsylvania
A home purchase is the most serious investment most people could ever make. It doesn’t matter if it’s where you raise your family, a second vacation property or one of many rentals, purchasing real property is a detailed transaction that requires multiple parties to make it all happen.
Are you involved in a property transaction and need your real estate appraised? Home Appraisal Group is a real estate appraisal company in Pennsylvania that provides unbiased estimates of what a buyer can expect to pay and what a seller can expect to receive. Our team of appraisers ensures your property is consistent with the purchase price and keeps both the buyer and seller informed.
Whether you’re buying a forever home, rental property, or second vacation home, a residential real estate purchase is a serious investment. When you work with The Appraising Group, your appraisal will be done as efficiently as possible. Our team of appraisers has experience working with banks, mortgage lenders, homeowners, attorneys, real estate agents, and more. Contact us today if you need a real estate appraisal for divorces, tax appeals, trusts, or other estate-related purposes.
REAL ESTATE APPRAISAL SERVICES
If you are in need of a home appraisal in Pennsylvania, you’ve come to the right place. The Appraising Group has years of experience finding the true value of a property for a long list of clients. Our areas of real estate appraisal include the following services:
- Single-family/multi-family condominiums
- Reverse mortgages
- Estates/trusts
- Tax assessments and appeals
- PMI removals
- New constructions
- Review of appraisals
- Property bond appraisals
If you need any of the above home appraisal services, contact our appraisers today at (215) 531-7979.
HOME APPRAISAL PROCESS
At The Appraising Group, our real estate appraisal process includes a few steps. First, we’ll inspect your property to evaluate its status. Our appraisers will need to see each bedroom, bathroom, surrounding land, and amenities to ensure they are in good condition. A floor plan is often drawn, and any defects of the property are noted. From that information, we then value the real estate using one of three methods: a paired sales analysis, a replacement cost calculation, and an income approach when rental properties are prevalent.
Our team of appraisers will analyze comparable sales and add or subtract from the property’s price. At The Appraising Group we have a deep understanding of the value of real estate features in Pennsylvania. Our appraisers may also assign value based on the cost approach where they research what it would cost to build a similar building. The final way our team of appraisers may evaluate your property is by using the income approach. This is when we factor revenue the property yields with the income produced by neighboring properties to determine value.
REAL ESTATE APPRAISAL COST
Our team of appraisers takes pride in efficient home appraisals, so you get the most value for your money. However, real estate appraisal cost varies depending on many factors, including:
- Size of the home
- Condition of the property
- Level of detail involved in the appraisal; a large home or property will have an impact the cost of the appraisal
INTERIOR AND EXTERIOR APPRAISALS IN PENNSYLVANIA
When determining the value of a property, our home appraisers take several factors into account. These vary based on the interior vs. exterior of the home. When we evaluate the interior of a house, we look at factors such as the condition of windows and doors, the material of the walls and floors, kitchen and bathroom remodels, and if a basement is finished. When our team of appraisers evaluates the exterior of a property, we look at square footage, the type of driveway, type of foundation, and neighborhood characteristics.
TRUSTED HOME APPRAISERS IN PENNSYLVANIA
When you work with The Appraising Group, you can trust that your property’s value conclusion is accurate. All of our appraisers have been educated, trained, and licensed with years of experience appraising properties. We follow an industry code of ethics and observe national standards of practice for real estate appraisal, so you know you’re getting unbiased value opinions.
If you want to work with trustworthy real estate appraisers, contact our home appraisal team at (215) 531-7979.