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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).
If your home is 2500 square feet, then the home is priced at $100 per square foot. The appraiser will then research other âprice per square footâ properties and compare them to the subject property.owever, one home sold for $250,000 and is 3,000 square feet, or $83. When the VA lender sees the appraisal and the comp is so much lower than the subject property, the lender may ask for another comp or ask for additional information about the lower-priced comparable sale.