Pyramid Real Estate Advisors has been working with homeowners and businesses for over 40 years in the NJ, NY, and PA area.
All of our principals have master’s degrees in Real Estate, proving a dedication to the industry that you won’t find anywhere else. We want you to be confident in your residential home appraisal, and this additional level of education ensures we give you the best product.
Regional Knowledge
Quick Turnarounds
Proven Expertise
Your residential home appraisal can make all the difference when it comes time to sell or assess your home. If you want to know how much equity you could earn in a sale or get an accurate idea of the loan you qualify for, an independent appraisal will guide your decision-making.
So make sure you choose an appraisal firm that understands your area and
wants the best for you.
We know the local markets better than anyone,
offering valuable insights to the appraisal process.
Decades of Expertise
Licensed in NJ, NY, and PA
Part of our designations require licensing in the states where we work. These guarantee we have the market knowledge to provide a thorough appraisal, factoring comparable properties and
regional pricing differences.
Residential Home Appraisal: Frequently Asked Questions
What does an appraiser do?
A residential home appraisal is more of an art than a science. Appraisers consider the location, local amenities, and other recent home sales nearby to determine your home’s value, along with other factors. The appraisal informs the loan amount for the mortgage, because you cannot lend higher than a property has been appraised for.
Who chooses the appraiser?
In order to ensure an impartial appraisal, the lender hires the property appraiser. If the buyer or seller were to choose the appraiser, they may be looking for a specific result (a higher or lower mortgage depending on their personal situation). When the lender chooses the appraiser, they’re protecting their own investment.
Can a homeowner request an independent appraisal?
During a home sale, the official residential home appraisal is requested by the lender. Before listing your home, you may want to order an independent appraisal to get a sense of the market, but this will not be used during the lending process. You may also get an independent appraisal if you feel your recent tax assessment does not reflect your actual value.
