Real Estate Appraisal Fees
Our appraisal fee schedule is straight-forward and reflects the considerable time and expertise required for the writing of a high-quality appraisal report. We do offer discounts for entities that will be ordering multiple appraisals (i.e. “bulk” appraisals). Please call us to discuss your pricing options.
If you visit the sections below, you will find additional information about many of the property appraisal forms and residential appraisal reports listed in the above appraisal fee chart.
Single Family (Including the FNMA URAR (Uniform Residential Appraisal Report) 1004)
Complex Single Family – Call for Quote
Duplex or 4-Plex, including FNMA’s Multi-Family Report 1025 (Small residential income report)
Form 2055 Limited Appraisal Fee
FHA Appraisal Fee – Call for Quote
URAR Single Family Appraisal Report
The URAR is the most comprehensive property value assessment report provided by Appraisal IQ.
The analysis for this report takes into consideration market value trends, supply and demand as well as marketing times.
The URAR residential appraisal form is designed for single-family homes, owner-occupied two family properties, 2-4 family properties that will be financed using FHA/HUD financing.
The URAR is also used for PMI removal, formal tax appeals, condemnation and contested divisions of marital properties (divorce appraisals).
The indicated value of the subject property is supported in the report by the cost approach.
You will receive a sales comparison analysis grid with indicated value ascertained by the sales comparison approach.
You will receive a detailed grid of comparable properties which includes fence, pool, porch, patio, deck, garage/carport, heating/cooling. and functional utility.
The URAR shows the quantitative adjustments made to comparable sales to arrive at the estimated market value.
This report estimates a specific market value.
Complex Single Family – Call for Quote
Duplex or 4-Plex, including FNMA’s Multi-Family Report 1025
The FNMA 1025 report is for small residential income properties (two- to four-family residences).
This appraisal report will provide neighborhood, site and improvement descriptions.
You will receive general descriptions of the property’s exterior, foundation, basement and insulation.
Your Appraiser will report on the condition of improvements, depreciation, repairs needed and quality of construction.
This report estimates a specific market value.
This shorter report does not contain as many details as the URAR and is a good choice for establishing the value of a property before listing it for sale (aka a Listing Appraisal), when the division of matrimonial properties is uncontested, and for estate planning or financial planning.
If the type of appraisal report or appraisal form you need isn’t on this list, please call us to discuss pricing and turnaround times. (512) 541-2107
