Home Appraisal Inspection Costs
An appraisal inspection may be called for by home-owners, banks, insurance companies, or potential buyers of the home. It is separate from and different than a home inspection.
You will find that the cost to hire an average home appraisal inspection depends upon the scope of the evaluation and the professional service offer of a certified provider in their primary and secondary zones of operation.
The table below includes a range of possible services to be provided.
Home appraisal inspection: the certified service provider will deliver the appraised property value and related services.
| Item | Unit Cost | Quantity | Line Cost | |
|---|---|---|---|---|
| Appraisal elements: to determine the value of existing buildings, land, and equipment within 15 miles of base. | $394 | fee | 1 | $394 |
| Zone extension: from 15 to 30 miles from base. | $58 | fee | 1 | $58 |
| Fannie Mae form 1004d: prepare, submit, and verify acceptance of Satisfactory Completion Form 1004d. | $158 | fee | 1 | $158 |
| Total Cost | $610 | fees | 1 | $610 |
Other considerations and costs
- Taxes and permit fees are not included.
- If required by a third party such as a bank, be sure that the provider certification is compliant with third party requirements.
DIY considerations
- This activity is not suitable for DIY due to certification requirements.
References
- Craftsman Estimator Costbook, complete series year 2015.
- Latest prices found on Home Depot and other vendor Web sites.
- Literature review of DIY Web sites.