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Updated about 6 years ago on . Most recent reply

User Stats

267
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110
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Rudy Manna
  • Investor
  • Redmond, WA
110
Votes |
267
Posts

SFR Appraisal cost in Seattle area through the roof

Rudy Manna
  • Investor
  • Redmond, WA
Posted

Looks like SFR appraisal costs are through the roof in Seattle area. I am financing two houses (SFR) in Pierce county and bank appraisal costs for each house $1k. These are regular non-expedited appraisals.

Want to hear peoples experience from the area.

Most Popular Reply

User Stats

500
Posts
243
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Alex Chin
  • Seattle, WA
243
Votes |
500
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Alex Chin
  • Seattle, WA
Replied

Doesn't sound quite right. I had a duplex appraised last year in Tacoma, it was an expedited job and cost me $1,100. Non-expedited would have been about $650.

I did recently have an inspection of a 6-unit apartment building run me $1,500; that was quite the hit but would have been worth it if the seller had been willing to compromise on price as it would have basically given me a complete scope of work to give to the GC for repairs.

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