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The fee for Washington state has been $500 for an appraisal with up to 10 days for the appraisal to be delivered. Before the appraisal crisis, many would often complain about how long it took to get a VA appraisalâ¦however, 10 days to receive an appraisal for $500 would now be a dream come true. Well get ready for higher VA fees and for the turn times to take longer. VA just issued a notice that effective November 1, 2016, the cost for an appraisal for a single family home utilizing a VA mortgage will increase to $800! In addition, appraisers will be allowed 14 business days to complete an appraisal (up from 10 business days).
They may also take an hour or two to explain the appraisal to the client. A written business appraisal costs between $3,000 and $35,000 in most parts of the U.S., though costs can vary dependent upon circumstance. An appraiser typically takes 20-50 hours to complete the work. If the reason for the appraisal is litigation, costs can skyrocket.