Average Home Appraisal Cost in Houston
Below is our current fee schedule for residential appraisals in the Greater Houston area. The list is separated into Non-Lending and Lending/Mortgage use. Please be aware that all fees displayed are for example only – actual appraisal fees will be determined by the complexity of the assignment and property type we are appraising. Some examples of situations that would require an additional fee include, but are not limited to:
- Luxury or Custom homes regardless of size and/or location.
- Large homes or those with complex floor plans.
- Homes requiring the appraiser to calculate extensive damage
- Remote locations and/or lack of “Comparable Sales”
- Assignments which require additional forms or research
Real Estate Appraisal Fees In Houston Tx
ALL APPRAISAL FEES MUST BE PAID BEFORE OR DURING THE SITE VISIT! Valid Through 12/30/2022
APPRAISAL Fees (on U.R.A.R form)
|
FEES
|
---|---|
Single Family Residence (600 – 2,000 sq ft)
|
$425
|
Single Family Residence (2,001 – 3,000 sq ft)
|
$495
|
Single Family Residence (3,001 – 3,800 sq ft)
|
$595
|
Single Family Residence (3,801 – 4,500 sq ft)
|
$795
|
Single Family Residence (4,501 – 5,500 sq ft)
|
$995
|
Single Family Residence (5,501 – 6,500 sq ft)
|
$1295
|
Single Family Residence (6,501 – 7,500 sq ft)
|
$1495
|
Single Family Residence (7,501 – 9,500 sq ft)
|
$1495 & Must
Consult Appraiser |
Manufactured/Mobile (Built 2000 or newer only)
|
$625
|
Multi Family Residence (2/3/4 units)
|
$1095/1195/$1295
|
Residential Vacant Lot (0 – 1 Acres)
|
$350
|
Residential Vacant Land (1 – 5 Acres)
|
$450
|
Residential Vacant Land (5 – 20 Acres)
|
$525
|
Residential Vacant Land (20 – 100 Acres)
|
$695
|
Single Family Residence (CONDO up to 2,000)
|
$495
|
Single Family Residence (CONDO over 2,000)
|
$595
|
DESKTOP Fees (on DESKTOP form)
|
FEES
|
---|---|
Single Family Residence (600 – 2,000 sq ft)
|
$325
|
Single Family Residence (2,001 – 3,000 sq ft)
|
$350
|
Single Family Residence (3,001 – 3,800 sq ft)
|
$425
|
(Note: EXTERIOR/DESKTOP must have recent photos available online or from client)
Measurement:
|
FEES
|
---|---|
Single Family Residence (600 – 2,000 sq ft)
|
($200 Minimum)
|
Single Family Residence (2,001 – up to 3,000 sq ft)
|
(SF x $.05 + $100 Base Fee)
|
Single Family Residence (3,001 – up to 4,500 sq ft)
|
(SF x $.05 + $100 Base Fee)
|
Single Family Residence (4,501 – up to 7,500 sq ft)
|
(SF x $.07 + $200 Base Fee)
|
Example: Property that is 2900 square feet = (2900 x .05 = $145) + $100 = $245
$100 – Rental Analysis (form 1007)
$100 – Operating Income Statement (216)
$50 – Retrospective values beyond 5 years.
$100 – Homes with DAMAGE require (cost to cure).
$100 – Homes with DAMAGE require (cost to cure)
$150 – ARV Addendum (as repaired value).
$200 – Luxury homes with unique features
$100 – Large homes with complex floor plans
$100 – Garage Apt or Additional Quarters
$100 – Market Areas that lack Comparable Sales
RUSH FEES: (subject to availability & requires appraiser approval)
72 Hour Rush +30%
48 Hour Rush +40%
24 Hour Rush +50%
Looking for a faster less expensive option? Call for pricing and turn times on BPO’s.
We have Brokers and Appraisers looking to assist you NOW!
Commercial Property Appraisal Fees
* All Commercial Appraisal Assignments Must Be Quoted Individually. Please Call Our Office or Complete the Quote Request Form to Get a Bid.
Non-lender Appraisal Fees
Property Type
|
Fee
|
---|---|
Single Family Residence (non-complex, non-rural)
|
|
Single Family Residence (complex)
|
|
Multi Family Residence (2 to 4 Units)
|
|
Residential Land (> 10 Acres)
|
|
Residential Desktop Report (No Site Visit)
|
Bank / Lender Use Appraisal Fees
Property Type
|
Fee
|
---|---|
Single Family FNMA Form 1004 (non-complex, non-rural)
|
|
Single Family FNMA Form 1004 (complex)
|
|
Manufactured/Mobile Home Form 1004C
|
|
Single Family Exterior Only Form 2055 (Drive-By)
|
|
Single Family Exterior Only Form 2075
|
|
Condo FNMA Form 1073
|
|
Condo FNMA Exterior Only Form 1075 (Drive-By)
|
|
Small Income Form 1025 Multi-Family (2 to 4 units)
|
|
Residential Land Form (> 10 Acres)
|
|
Single Family Field Review Form 2000
|
|
Single Family Desk Review
|
|
Update/Completion Form 442 or 1004D
|
|
Operating Income & Rent Schedule Form 216
|
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Houston Real Property Appraisals
As one of the best Texas appraisal companies, we perform over 1,000 property valuations in the Houston market every year. We offer appraisal services and reports for properties across the Greater Houston Metro area including the counties of Harris, Fort Bend, Montgomery, Brazoria and Galveston as well as parts of Liberty and Chambers. Below are some of the markets within our service area. If your area is not listed, please call us and we will see if we can perform appraisals in your area.