How much does appraisal cost in Chicago?

All depends on the bank you use.

A home appraisal could cost several hundred dollars, depending on factors such as property size and location. You should call a few places in your area to get quotes.

Rather than pay for an appraisal, you could reach out to a trusted real estate agent and they can prepare a CMA(comparative market analysis) for you at no cost, and their report will take into account market conditions and what is going on in your market. That being said, if the goal is just for refinancing, then an appraisal would be required, and in my experience, they usually cost $500.

In the DC metro area - appraisals cost from $450 to about $700... hope this helps. Eric Brooks Wydler Brothers of Compass Real Estate 5471 Wisconsin Ave #300 Chevy Chase, MD 20815 m: 240.532.2001 o: 301.463.7800