Serving Elk River, MN and surrounding areas
Approved
In business since 2020
Free estimates
Credit card accepted
"They were great to work with. There was a miscommunication but they quickly responded to my clarification."
Serving Elk River, MN and surrounding areas
Approved
In business since 2018
Credit card accepted
Offers commercial services
"I was looking to defend myself in a divorce. This appraisal helps me to pay less."
Serving Elk River, MN and surrounding areas
Approved
In business since 2024
Credit card accepted
"Yes, Baker appraisal did an awesome job for me. Very professional, very knowledgeable, and very sensitive to my timing."
Serving Elk River, MN and surrounding areas
Approved
In business since 2008
Free estimates
Credit card accepted
"Jason at Rum River Coin is an honest, straightforward, knowledgeable appraiser. We had lots of questions and he had answers. His prices were fair and we will be returning with more business soon. I am a novice at this and he was gracious and never condescending."
Serving Elk River, MN and surrounding areas
In business since 1999
Free estimates
Emergency services offered
"He did an excellent job I highly recommend him!"
Serving Elk River, MN and surrounding areas
In business since 1935
"I needed someone to appraise a property I hoped to purchase... quickly. Mr. LaFond was able to accommodate me! Everything went smoothly & timely!"
Serving Elk River, MN and surrounding areas
In business since 2011
Free estimates
Emergency services offered
"Tom and Jake are very responsive to text, calls, and emails. I was informed through the whole financing/underwriting/appraisal process of buying a home. We closed without much of an issue and am very glad my realtor suggested Home Edge Finance."
Serving Elk River, MN and surrounding areas
In business since 1990
Free estimates
"Gave me exactly what I was wanting."
Serving Elk River, MN and surrounding areas
In business since 2007
Free estimates
"Neil was great. Responded quickly and was able to perform the appraisal the following week at a reasonable rate. Highly recommend."
Serving Elk River, MN and surrounding areas
In business since 2009
Free estimates
Credit card accepted
"It was a great experience. They made everything simple and worry free."
You can estimate a bathroom addition’s value between 10% to 20% of a home’s value. But this also accounts for extra square footage since homes with more bathrooms tend to have more space. When considering adding one, you should know that a bathroom generally adds only $5,000 to an appraisal price initially, with adjustments made for other factors like local home values.
Garages increase a property’s value by about 80% of the build price. The national average cost to build a garage is $23,900.
However, on an appraisal, a garage contributes to the whole rather than as a part. For example, if you have a garage, your appraiser then tries to compare it to nearby homes with garages, which often have a higher value.
A bedroom can add anywhere from $10,000 to $25,000 or more to an appraisal. It depends heavily on the size of the bedroom, the overall home’s value, the location, and what amenities it might include (like a walk-in closet).
A drive-by appraisal usually costs $100 to $150. For a drive-by appraisal, the appraiser only visually assesses the home's exterior, in addition to reviewing the real estate records on the home and comparing it to nearby homes.
An FHA appraisal costs between $400 and $700. Federal Housing Administration (FHA) loans are usually less strict, so the appraisals are often more affordable. VA appraisal fees range from $425 to $900 for a single-family home. Compared to FHA loans, VA loans can be more involved.
A home appraiser will look at the real estate paperwork related to the home, but they will also do an exterior and interior assessment. Reviews include the square footage of the home and/or acreage of the lot, the age and condition of the home, construction materials used, the general state of the economy and local market, and the design and style of the home, along with any special features it may have. While an appraiser won’t be as thorough as a home inspector, they will likely notice very obvious problems and defects.
From average costs to expert advice, get all the answers you need to get your job done.
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