The following base fees indicated below are based upon
the work necessary to provide a standard appraisal report.
Conditions that go beyond the standard appraisal report
format may be subject to additional fees.
COMPARABLE SEARCH: A "comp search"
is typically a search of the comparable sales in the
subjects neighborhood. Typically an appraiser is asked
to provide their opinion of a value range. This would
indicate an appraiser performing an appraisal with a
predetermined value in mind. This is a direct violation
of USPAP, which is the law an appraiser must abide by.
As a result we can not and will not provide comparable
searches. In the state of Michigan, the SEV value of
a home is approximately one half of the state's opinion
of value. Many municipalities have this information
of online, please see our links
page for many municipalities.
Typical Turn Around Time: 1-3 days after inspection.
| Type |
Description |
Cost |
| 1004 |
Full interior & exterior inspection with 3-5 comparable
properties and photos. |
$300.00 |
| 2055 |
Exterior inspection with 3-5 comparable properties
and photos. |
$250.00 |
| New Construction |
Proposed appraisal & inspection of vacant land
with 3-5 comparable properties and photos. |
$325.00 |
| Construction Draw |
Inspection of property with a completion statement. |
$125.00 |
| Certificate of Completion (1004D) |
Inspection of property for finished items (including
FHA). |
$125.00 |
| Appraisal Update (1004D) |
Exterior inspection with photos. |
$125.00 |
| One Unit Residential Review (2000) |
Review of a One Unit Residential Appraisal with
exterior inspection and photos. |
$275.00 |
| 2-4 Unit Residential Review (2000A) |
Review of a 2-4 Unit Residential Appraisal with
exterior inspection and photos. |
$500.00 |
| Small Residential Income |
Full interior and exterior inspection with 3-5
comparable properties, and photos. Includes operating
income statement and rent schedule |
$400.00 |
| Manufactured Home (1004C) |
Full interior and exterior inspection with 3-5
comparable properties, and photos. |
$375.00 |
| Inspection Fee |
Applies to any appraisal that is not completed
after inspection due to any and all conditions from
the client. |
$150.00 |
| Additional Fee |
For houses requiring extra work (golf course frontage,
lake front, acerage, etc.) additional lender requirements
(forms, comparables, etc.). |
$125.00 |
| FHA |
Full interior and exterior inspection with 3-5
comparable properties, and photos. |
$350.00 |
| ERC Appraisals |
Employee Relocation Appraisal |
$475.00 |
| Condo Int. (1073) |
Full interior and exterior inspection with 3-5
comparable properties, and photos. |
$300.00 |
| Condo Ext. (1075) |
Exterior inspection with 3-5 comparable properties,
and photos |
$250.00 |
| REO Appraisal |
Full interior and exterior inspection with 3-5
comparable sales, 3 active listings, photos, REO
addendum. |
$350.00 |
| 2-4 Family (1025) |
Full interior and exterior inspection with 3-5
comparable properties, and photos. |
$600.00 |
| Appraisal Retype |
Appraise house for new lender within 60 days
of original appraisal. |
$150.00 |
Any appraisal order submitted must be canceled with in 24 hrs of
order and before inspection is scheduled to be eligible for a full
refund. Any appraisal order cancelled after inspection will be subject
to a minimum fee of $100.00. No exceptions to this policy.
