Home appraisal costs can vary greatly, ranging from $200 to $2,000, influenced by factors like property type, size, and location. Generally, buyers are responsible for these costs at closing, although there may be room for negotiation with sellers. There are different types of appraisals, with the Uniform Residential Appraisal Report being the most commonly used. The cost can escalate with larger homes or specific conditions, such as when properties are intended for rental income.
Home appraisals can cost anywhere from $200 to $2,000 depending on the size of the house, location, and features.
Buyers typically pay for the home appraisal, as it's part of the closing costs. The buyer's lender will request the appraisal and choose the appraiser.
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