Questions answered
How much does a home appraisal cost?
Short answer
There is no official rate: each appraisal company sets its own prices. At Tasvalor, the most common rates are between €330 and €456; the amount depends mainly on the type of property, its size, its location and the purpose of the report.
The price of a home appraisal can vary a lot from one case to another. Understanding what influences it will help you see how the cost of an appraisal is calculated. In this post we look at the usual price range and the factors that most affect the price of property appraisals in Spain.
Price range of a property appraisal in Spain
There is no national regulation setting the price of appraising a home or any other type of property or land: each appraisal company sets its own rates. At Tasvalor, the most common rates are between €330 and €456 in most cases, depending on the type of home, its size and its location.
Order your appraisal online
In the order form you enter the location, the type of property, the purpose and the floor area. The appraisal includes an on-site visit to the property.
Order my appraisalFactors that affect the price of a property appraisal
Many factors make the price lower or higher. Some are related to the property itself, such as:
- The type of property. Residential appraisals (homes) are usually cheaper than those for other uses (retail, offices, industrial, hotels, hospitals, care homes…).
- The size. Appraising a 60 m² home usually costs less than a 200 m² house, as it is normally worth less and needs less time for checks and measurement.
- The location. Appraisals of properties in central, well-connected areas tend to cost more than those of properties on the outskirts or in more remote areas. The appraiser who visits the property has to travel there.
- Exclusivity and architectural uniqueness. If there are no properties with similar features, alternative methods to the comparison method must be used. These are more complex and can raise the price.
Other conditions also affect the price of the appraisal:
- The purpose of the appraisal. Most are ordered to apply for a mortgage, but also to know the market value for an inheritance, a separation, the value of a property portfolio, an auction or a seizure, among others. If additional documents must be prepared or requests answered, the price usually goes up.
- Urgency. If you need an express appraisal, in a much shorter time than usual, a surcharge may apply.
- The firm's reputation and market experience. Each appraisal company sets its rates freely. Compare several quotes and check that the company is approved by the Bank of Spain.
Do you need a mortgage appraisal? At Tasvalor you can order it 100% online, with an on-site visit included.
Do you need to appraise a property?
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