FEES

Our fees are based on the amount of time it takes to complete the appraisal report. There are a combination of factors determining the time involved that may include, but are not limited to: the location of the property, type of home, size, zoning, or any adverse environmental conditions... just to name a few.  In order for us to give you a more accurate estimate for your appraisal needs, please fill out the form below and we will contact you promptly.

PROPERTY TYPES WE APPRAISE

  • Single Family Homes
  • Single Family Homes, with Auxiliary Unit
  • Condominium Units​
  • Land- Vacant Houselot to Multiple Acres

REPORT OPTIONS

​The Maine Appraisal Company offers two reporting options based on your specific needs:

1) Appraisal Report or "Full" Report
  • Traditional appraisal reports (full reports) are more detailed and contain elements usually required by banks and mortgage companies in order to make more informed lending decisions. 
  • It may also have a broader range of intended users. 
  • Our full appraisal reports are often used for estate settlement, tax abatement, or divorce action purposes where more detailed support for the valuation is needed such as; photographs, maps, floor plans, market stats, and other supporting documents.
  • These reports are typically more expensive and take longer to complete.

2) Restricted Appraisal Report
  • The restricted report provides only a brief summary of the appraiser’s findings from the appraisal process.
  • It is limited in use only to the client (or other identified parties if named in the report).  The report clearly states that no one else (not named in the report) is allowed to rely on it.  
  • Restricted appraisal reports are best for situations in which minimal content for the support and rationale of the appraiser's opinions and conclusions is considered appropriate, such as; sibling/co-owner buyouts or pre-listing appraisals.  In these cases, the client (or other parties named in the report) is mostly interested in just knowing the market value and does not require a detailed explanation of how it was developed.  
  • These reports typically have lower fees and take slightly less time to complete
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Summary
  • The valuation process is the same for both reporting options, but the reporting format is different.  An Appraisal Report includes a detailed analysis and explanation, while a Restricted Appraisal Report offers a brief summary with minimal explanation.  However, all the necessary data and analysis is kept in the work file for both reporting options.  

Not sure which report option is right for you? Please contact us and we would be happy to have that discussion.

The Maine Appraisal Company offers premium service at competitive rates.  Schedule an appointment today!
    Please submit this short form.  We will contact you within one business day.  We look forward to working with you.