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Updated about 8 years ago on . Most recent reply

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40
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5
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Brandon Leong
  • Investor
  • New York, NY
5
Votes |
40
Posts

Average Cost of Appraisal in Kansas City

Brandon Leong
  • Investor
  • New York, NY
Posted

Hello everyone!

My partner and I have recently just put down an offer for a SFH in Kansas City! We signed the PA and we are currently getting all the mortgage details down. This will be our first time and we are excited.

The lender asked for an authorization for $600 for the appraisal. This seems high to us, what is the typical cost of an appraisal in KC?

Thanks!

Most Popular Reply

User Stats

356
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349
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Laura Williams
  • Kansas City MO
349
Votes |
356
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Laura Williams
  • Kansas City MO
Replied

Hmmm my appraisals were not for Fannie Mae loans so not sure if they do require more??  Single Family=$350 and Duplex (2-2 bedrooms)=$450 and had a triplex (all 1 bedrooms) appraisal =$450. For the duplex and triplex it looks like a rental analysis was included. Not sure what the operating statement is either. 

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