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Third-Party

Appraisal Fee

The appraisal fee pays a licensed appraiser to determine the home's market value. It is a legitimate third-party cost, but the amount should match your area.

Typical range
$300–$700
Category
Third-Party
Negotiable
Fixed third-party cost

Common problems with the Appraisal Fee

  • Marked up above the appraiser's actual invoice
  • Second appraisal charged without explanation

How to check this fee on your Closing Disclosure

Find this line item on page 2 of your Closing Disclosure. Compare the amount to the typical range, and check whether it duplicates another fee. If it is above range or a junk fee, raise it with your lender before you close — you have a 3-business-day review window.

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Related fees

For informational purposes only. Not legal, tax, or medical advice.

Appraisal Fee: What It Is, Typical Cost & How to Negotiate