In real estate, the property appraiser takes center stage, unraveling the true worth of properties. Whether you’re a potential buyer, a seller, or a homeowner in Virginia Beach, grasping the vital role of property appraisal is paramount. This guide is dedicated to delving into the essential aspects of property appraisal, illuminating its significance and the pivotal role it occupies in the vibrant real estate market of Virginia Beach. What is a property appraiser? At it’s core, a property appraiser is a licensed professional tasked with determining the fair market value of a property. This ob ..read more

Hampton Roads Housing Market Report 2022 As a seasoned real estate professional with expertise in appraisals, I would like to provide a detailed analysis of the real estate housing market in the Hampton Roads region in 2022. It is no secret that the market was marked by a dynamic interplay of highs and lows, with each month bringing its own unique set of challenges and opportunities. However, upon closer examination, it becomes apparent that the year can be more accurately described as a tale of two contrasting halves. The Hampton Roads housing market in 2022’s start At the beginning of the ye ..read more

How Much Does a Home Appraisal Cost in Virginia Beach? Do you want to know “How Much Does a Home Appraisal Cost in Virginia Beach?” An appraisal is a crucial part of the home-buying process. A qualified and accredited appraiser does a professional appraisal of the market value  of a home. The cost of a home appraisal can vary based on a number of factors, including the property’s location and the type of appraisal required. In Virginia Beach, a 1004 or 1073 form typically costs between $400 and $700. Appointment scheduling with a skilled and licensed appraiser is the initial ste ..read more

Desktop Appraisal ReportWhat exactly is a Desktop Appraisal VS Full Appraisal? As a real estate desktop appraisal professional, it is critical to remain current on industry developments and innovations. Desktop assessments are one such improvement that has gained prominence in recent years. These are a quick and inexpensive approach to get a property value estimate without the need for a full-fledged traditional assessment. Homeowners, brokers, lenders, developers, and investors all prefer desktop assessments. They are utilized to offer a quick and easy assessment of property worth without the ..read more

What Exactly Lowers a Home Appraisal? Intro What lowers a home appraisal? Appraisals are an important part of buying or selling a home because they help figure out how much it is worth. This value can be used for many things, like figuring out how much to charge for a home, how much to borrow for a mortgage, or how much property tax to charge. Homeowners should know what can change the value of a home appraisal so they can make decisions about their property that are based on facts. Factors that can lower a home appraisal There are many factors that can lower a home appraisal. Some common on ..read more

Home Appraisal Cost(s)Wondering how much does a home appraisal cost? The cost of a home appraisal can vary a lot, depending on things like the type of property being appraised, its location, how complicated the appraisal is, and how much experience the appraiser has. An appraisal of a single-family home may cost between $450 and $700 average. An appraisal of a commercial property may cost between $1,000 and $5,000 on average. But these are just estimates, and the real cost of an appraisal can change based on the things listed above. Contacting a qualified appraiser is the best way to get a bet ..read more