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Chicago Home Valuation

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Chicago Home Valuation

Accurate home valuation is critical for many different reasons. Whether you are deciding how to price your home or seeking financing for a new home purchase, the appraisal is an essential part of the process. You want to be sure that all factors are taken into account to result in a thorough and accurate assessment of the home’s value. The same is true for mortgage lenders.

If you need assistance with a residential appraisal, contact the Chicago home valuation specialists at Allstate Appraisal. We have decades of experience helping lenders, current and hopeful homeowners like you, as well as residential management companies. Learn more about our services today. 

Residential Properties in Chicago

Our team at Allstate Appraisals knows that no two residential properties in the Chicagoland area are alike. We tailor our services to value the following types of properties, among others:

  • Single-family homes
  • Multi-family homes
  • Townhouses
  • Rowhouses
  • Condominiums
  • Cooperatives
  • Cabins
  • Cottages
  • Modular homes
  • Manufactured homes
  • Historic homes
  • Mansions 
  • Vacant residential lots

No matter what type of property valuation you need, our experts are ready to assist with appraisal reports you can trust. 

Our Chicago Home Valuation Process

At Allstate Appraisal, we have a carefully-designed system to best help residential property owners in Chicago and ensure accurate and reliable results. The steps of our process include the following:

  • We receive an appraisal order and assign it to the most qualified staff appraiser
  • The appraiser carefully reviews the draft report and corrects any deficiencies
  • The appraiser reviews the revised report to ensure all adjustments were made
  • The report is submitted for review by the Chief Appraiser
  • We release the final report to the clients

If a client has any issues with the final valuation report, we have a formal rebuttal process for them to raise concerns. 

Factors in Home Valuation in Chicago

There are many factors considered when it comes to the valuation of a residential property in the Chicago area, such as:

External factors of the home – The neighborhood, zoning rules around the neighborhood, lot size, access to public utilities, land in use in the neighborhood, vehicle storage areas or driveways

Internal factors of the home – The total square footage, number of bedrooms and bathrooms in the home, whether bathrooms and kitchens have been remodeled or updated, the type of foundation, the materials used for floors, walls, and windows, whether there is a usable basement

General condition of the home – Whether the roof, downspouts, and gutters are maintained, condition of the ceilings, trim, windows, and walls, any possible structural deficiencies, general upkeep and maintenance

Determining a home’s value can be a challenging process that involves many considerations. You want the best appraisal team assessing your residential property to ensure you get the most value from your home. 

Contact Our Chicago Home Valuation Professionals Right Away

When you need to determine the accurate value of a home, you want the Chicago home evaluation team from Allstate Appraisal on your side. We work with owners of urban, suburban, and rural property across Chicago and the nation. Contact us today for more information.

Order An Appraisal

To order an appraisal on any property type throughout the United States click on the button below.

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If you have a question or would like to place an order for an Appraisal or Review, please fill out the form below. Once you’ve submitted your order, someone from our office will contact you within 1 business day to confirm your order or answer any questions.

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