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Find Appraisal real estate pros in Minneapolis

Avatar for Parkway Appraisals, Inc.
Parkway Appraisals, Inc.
4.8(
57
)

Serving Minneapolis, MN and surrounding areas

Approved

Super Service Award Winner

In business since 2008

Free estimates

Credit card accepted

"I requested an appraisal of a real rough home in a great area and I was pleased with the appraisal, the appraisal turn around time and the communication during the process."
Response time11 hrs
39 neighbors recently requested a quote
Recommended by92%of homeowners
Avatar for Mill City Appraisals, LLC
Mill City Appraisals, LLC
5.0(
14
)

Serving Minneapolis, MN and surrounding areas

Approved

In business since 2021

Free estimates

Credit card accepted

"Found Kyle via Angi to find an appraisal for our home for the purpose of valuing my husband's estate as of the date of his death. I subsequently learned that my Estate Attorney knew of his work and endorsed Kyle to me. Pricing was good...middle of the road, response to inquiry from Angi to call from his was minutes! He was able to do my home appraisal on a Friday and I had a completed report on the following Tuesday. A big sigh of relief for me to have this important task done and WELL done!"
Response time4 hrs
5 neighbors recently requested a quote
Recommended by100%of homeowners
Avatar for KNR Realty & Appraisal, Inc.
KNR Realty & Appraisal, Inc.
New to Angi

Serving Minneapolis, MN and surrounding areas

Approved

In business since 2001

Free estimates

Small jobs welcome

KNR Realty & Appraisal, Inc. is committed to excellence in every aspect of our business. We uphold a standard of integrity bound by fairness, honesty, and personal responsibility. Our distinction is the quality of service we bring to our customers. Accurate knowledge of our trade combined with ability is what makes us true professionals. Above all, we are watchful of our customers' interests, and make their concerns the basis of our business.\n\n

Response time3 hrs
Avatar for Pauling Homes Team- Keller Williams Premier Realty Lake Minnetonka
Pauling Homes Team- Keller Williams Premier Realty Lake Minnetonka
5.0(
85
)

Serving Minneapolis, MN and surrounding areas

In business since 2003

Free estimates

Warranties offered

"I had an amazing experience working with Billy and his team! I had to sell a house I’ve never lived in due to the death of a family member and was dreading the entire process. Billy is not only an incredibly kind and genuine person and a pleasure to work with, he was extremely helpful and took care of almost all of the details getting the house ready to sell, making the entire process a breeze. His expertise and dedication was apparent - not only did it sell quickly, but we also received two offers and sold above asking price! I couldn’t have asked for a better real estate agent and highly recommend Billy to anyone looking to buy or sell a home."
Recommended by97%of homeowners
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FAQs for appraisal real estate service projects in Minneapolis, MN

The appraisal timeline begins with scheduling, which may take three to five days, depending on local appraiser availability. The on-site evaluation requires one to three hours based on property size and complexity. Following the inspection, appraisers need two to five days for research, analysis, and report preparation. The entire process takes seven to 10 days, though complex properties or government-backed loans may extend this timeframe.

The value of home appraisals extends beyond their immediate expense. They protect buyers from overpaying and help lenders ensure appropriate loan amounts. By providing independent market value verification, home appraisals help prevent potential financial missteps in major property transactions. This protection justifies the upfront cost for most real estate scenarios.

Home appraisers evaluate numerous property elements, including square footage, floor plan functionality, overall condition, and specific features. They document improvements, necessary repairs, and distinctive amenities. These observations are compared against similar properties recently sold in the neighborhood. Appraisers also consider location factors, current market conditions, and relevant zoning or property restrictions.

Yes, home appraisal fees are collected before the final closing. Since lenders require completed home appraisal reports before finalizing loan approvals, this cost occurs earlier in the transaction process. While buyers usually cover this expense, payment methods vary—some pay directly to the appraiser while others include it in closing costs.

Some property owners successfully use recent appraisals when challenging tax assessments. However, tax-assessed values often differ from market valuations. The appeal process involves submitting your appraisal as evidence that the tax authority's valuation exceeds actual market value. Success rates vary by jurisdiction, and the process may require patience and persistence.

From the buyer's perspective, appraisals verify they aren't overpaying for a property. Lenders won't approve financing that exceeds appraised value, potentially requiring buyers to renegotiate or contribute additional cash. Appraisal findings can also inform future improvement planning and investment decisions.

For sellers, preparation makes a difference. Clean, well-maintained properties present better during appraisal evaluations. Some sellers obtain pre-listing appraisals to establish appropriate asking prices, though most rely on the buyer's lender-ordered appraisal during the transaction process.

The Minneapolis, MN homeowners’ guide to appraisal real estate services

From average costs to expert advice, get all the answers you need to get your job done.

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