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Real Estate Appraisal Costs & Prices - ProMatcher Cost Report

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Real Estate Appraisal Costs & Prices


We have collected data nationwide to help calculate the average cost of real estate appraisal in the US. The following are average costs and prices reported back to us:

Cost of Home Appraisers

$323.85 fixed fee (single family home or condo) (Range: $250.72 - $396.97)
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Cost of Commercial Real Estate Appraisal

$2,846.33 fixed fee - flat rate (Range: $1,356.33 - $4,336.33)
$136.00 per hour (Range: $92.00 - $180.00)
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 Real Estate Appraisers - Residential
 Real Estate Appraisers - Commercial

Real Estate Appraisal Cost Checklist

Real Estate Appraisal Cost Checklist
When evaluating a cost estimate from a real estate appraiser:

- How long will it take to get the appraisal?
- How will the appraisal be delivered? Electronically? By mail? Both?
- Are you getting an appraisal or a CMA (Comparative Market Analysis)?
- There are several types of appraisals. Make sure you are getting the type you need based on your intended use (purchase, refinance, home equity loan, selling, divorce).
- If you are using the appraisal for financing, can you choose your own appraiser or do you have to have one assigned by an appraisal management company?
- Are you sure you need an appraisal or do you need an engineering/home inspection?
- Will the appraiser use the “sales comparison,” “cost” or “income” approach? Is this the correct approach based on your needs?
- Is the appraiser local?
- If you are using the appraisal for financing, do you have to pay for the appraisal upon completion, or can you pay at settlement?


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Learn more about real estate appraisal cost factors.

Real Estate Appraisal Cost Factors

How Much Does a Real Estate Appraisal Cost?

Learn more about the factors that increase and decrease the cost of real estate appraisal.

Cost of Real Estate Appraisals

Learn about real estate appraisal costs and what to consider when hiring a property appraiser.

Find Costs & Prices in Your City


Real Estate Appraisal Cost Research & Resources

Mortgage Appraisal Cost reported by Realtor.com
Realtor.com reports that mortgage appraisal costs range from $250-$350 for a typical single family home.
Zillow.com Forum on Home Appraisal Costs
Zillow.com has a forum with responses related to Home Appraisal Costs.

Real Estate Appraisal Cost Data

19004, Bala Cynwyd, Pennsylvania - November 29, 2022

Home Appraisers

$400.00 to $1,000.00 fixed fee for a residential lot (less than 1 acre)
$400.00 to $600.00 fixed fee (single family home or condo)


Reported by:
ProMatcher Research Team
See the Bala Cynwyd Real Estate Appraisal Cost Report
28792, Hendersonville, North Carolina - May 24, 2022

Commercial Real Estate Appraisal

$50.00 to $200.00 per hour
$2,000.00 to $7,000.00 fixed fee - flat rate
50% at time of engagement, then 50% upon completion

Reported by:
John Sheiry, MAI, AI-GRS, AI-RRS, ASA, IFAS, CHA, Trusted Appraisers Group (NC, SC, GA, TN, VA, NY, MD, PA, KY)
See the Hendersonville Real Estate Appraisal Cost Report
23451, Virginia Beach, Virginia - October 15, 2022

Home Appraisers

$450.00 to $650.00 fixed fee for a residential lot (less than 1 acre)
$400.00 to $700.00 fixed fee (single family home or condo)
Please call for a quote!

Reported by:
Joseph Ellington, Capital Valuations
See the Virginia Beach Real Estate Appraisal Cost Report
95117, San Jose, California - March 22, 2021

Commercial Real Estate Appraisal

$400.00 to $750.00 fixed fee - flat rate
Tract homes fee is $400, custom built and high value properties, and retrospective appraisals, please call for a quote.

Reported by:
Samuel Sada, Wall Street Realty
See the San Jose Real Estate Appraisal Cost Report
98662, Vancouver, Washington - August 22, 2022

Home Appraisers

$650.00 to $1,200.00 fixed fee for a residential lot (less than 1 acre)
$650.00 to $1,200.00 fixed fee (single family home or condo)
Service contract fees are generally billed at 1/2 fee upon property inspection, and 1/2 fee upon appraisal report delivery. Consulting fees - 1 hour; no charge; 2+hours; per hour. Payment options include credit card, check, venmo, paypal.

Reported by:
Brent Johnson, SRA, Res1 Valuation & Consuting
See the Vancouver Real Estate Appraisal Cost Report
94107, San Francisco, California - February 22, 2020

Commercial Real Estate Appraisal

$150.00 to $250.00 per hour
$1,800.00 to $5,000.00 fixed fee - flat rate
Fees are generally based on the time it will take to research, analyze and report a specific commercial property.

Reported by:
James Eastman, James Eastman Appraiser
See the San Francisco Real Estate Appraisal Cost Report
92562, Murrieta, California - August 16, 2022

Home Appraisers

$400.00 to $500.00 fixed fee for a residential lot (less than 1 acre)
$350.00 to $750.00 fixed fee (single family home or condo)


Reported by:
ProMatcher Research Team
See the Murrieta Real Estate Appraisal Cost Report
53725, Madison, Wisconsin - February 20, 2020

Commercial Real Estate Appraisal

$125.00 to $200.00 per hour
$500.00 to $3,500.00 fixed fee - flat rate
Based on job assignment and number of hours to complete the work.

Reported by:
Otis Thomas, Thomas Real Estate Appraisal Consultants
See the Madison Real Estate Appraisal Cost Report
98001, Auburn, Washington - July 29, 2022

Home Appraisers

$400.00 to $700.00 fixed fee for a residential lot (less than 1 acre)
$500.00 to $800.00 fixed fee (single family home or condo)
Most every property is different and depending on the complexity of the assignment determines the fee. The most reliable method of appraising is the sales comparison approach. The more similar, proximate and recent the comparable, the better credible and supported value conclusion is made. The higher price includes expanding my search time and parameters. I use historical matched paired analysis and simple regression techniques.

Reported by:
Crystal MacHale, Rainier Appraisal Service LLC
See the Auburn Real Estate Appraisal Cost Report
91105, Pasadena, California - November 16, 2019

Commercial Real Estate Appraisal

$1,500.00 to $3,500.00 fixed fee - flat rate


Reported by:
ProMatcher Research Team
See the Pasadena Real Estate Appraisal Cost Report
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Disclaimer: Costs and prices shown on the ProMatcher site are intended to be used as general information, not as guaranteed estimates. To obtain cost information relevant to your project, request a quote or estimate from a local service provider.
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