{"id":297906,"date":"2024-11-14T04:46:53","date_gmt":"2024-11-14T09:46:53","guid":{"rendered":"https:\/\/www.houzeo.com\/blog\/?p=297906"},"modified":"2025-02-11T06:08:25","modified_gmt":"2025-02-11T11:08:25","slug":"refinance-appraisal","status":"publish","type":"post","link":"https:\/\/www.houzeo.com\/blog\/refinance-appraisal\/","title":{"rendered":"Appraisal Refinance: Meaning, Costs, and Types"},"content":{"rendered":"\n<p>On average, around <a href=\"https:\/\/www.fhfa.gov\/Media\/Blog\/Pages\/FHFA-Publishes-2023Q2-UAD-Aggregate-Statistics.aspx\" target=\"_blank\" rel=\"noreferrer noopener\">179,874<\/a> homeowners chose appraisal refinance in Q2 2023. That also indicates a <a href=\"https:\/\/www.fhfa.gov\/Media\/Blog\/Pages\/FHFA-Publishes-2023Q2-UAD-Aggregate-Statistics.aspx\" target=\"_blank\" rel=\"noreferrer noopener\">10%<\/a> jump from Q1 2023.<\/p>\n\n\n\n<p>Apart from this, the average outcome for the refinance of home appraisal in 2023 is recorded as <a href=\"https:\/\/www.fhfa.gov\/Media\/Blog\/Pages\/FHFA-Publishes-2023Q2-UAD-Aggregate-Statistics.aspx\" target=\"_blank\" rel=\"noreferrer noopener\">$370,000<\/a>.<\/p>\n\n\n\n<p>While many homeowners opt for refinancing their property to increase its value and get a new loan, getting an appraisal can still be a risky choice. This is because of the sudden drop in property value for various reasons.<\/p>\n\n\n\n<div class=\"block-takeaways\" style=\"margin-top:20px !important\"><p class=\"topHead\"><\/p><p class=\"headKeytake\"><b>\u26a14 Key points of appraisal refinance<\/b><\/p>\n<ul>\n<li>Refinance appraisal is the home appraisal of the property for which a home owner applies to get a new loan.\n<\/li>\n<li>The appraisal gives an estimate of the house through which the lender approves a certain amount for a loan.\n<\/li>\n<li>Your refinance appraisal doesn\u2019t affect the property taxes.\n<\/li>\n<li>The lender requires a home appraisal before the approval of refinance.\n<\/li>\n<\/ul><\/div>\n\n\n\n<h2 class=\"margin-top-28 wp-block-heading\" id=\"What-Is-a-Refinance-Appraisal\"><strong>What Is a Refinance Appraisal?<\/strong><\/h2>\n\n\n\n<p>A refinance appraisal implies a home appraisal that a homeowner opts for to get a new loan on the property.<\/p>\n\n\n\n<p>A licensed appraiser gives you the market value of your property. They inspect the property and determine its value. Along with that, the appraiser compares the property with other houses in the local area.<\/p>\n\n\n\n<p>The estimated value from the appraisers will decide whether it\u2019s worth enough to secure a new loan. In some refinances you can change your ongoing loan\u2019s interest rate or loan term without an appraisal.<\/p>\n\n\n\n<p>Several factors determine the market value of a property. According to the estimate, the lender gets to know the amount of loan they would offer or change the term.<\/p>\n\n\n\n<h2 class=\"margin-top-28 wp-block-heading\" id=\"Why-Do-Lenders-Need-a-Home-Appraisal-for-a-Refinance\"><strong>Why Do Lenders Need a Refinance Appraisal?<\/strong><\/h2>\n\n\n\n<p>Lenders need a refinance appraisal because they can&#8217;t provide a loan for more than the market value of the house. After the value of your house is determined, the lender provides the loan accordingly.<\/p>\n\n\n\n<p>If you fail to repay the loan, the lender will sell your house to recover its funds. Moreover, your home acts as security for the loan. The lender will always provide a loan that is recoverable after the foreclosure of the property.<\/p>\n\n\n\n<p>In addition, the value of your home highly depends on the market stability and condition of your house.<\/p>\n\n\n\n<h2 class=\"margin-top-28 wp-block-heading\" id=\"Do-You-Need-an-Appraisal-to-Refinance\"><strong>Do You Need an Appraisal to Refinance?<\/strong><\/h2>\n\n\n\n<p>Many refinances don\u2019t require an appraisal, and it depends totally on the lender. If you only want to change your interest rate or loan term, go with the no-appraisal refinance option.<\/p>\n\n\n\n<p>The FHA, VA, and USDA have streamlined programs where you can refinance your house without an appraisal. In these streamlined schemes, the mortgage you are refinancing should be an FHA, VA, or <a href=\"https:\/\/www.houzeo.com\/blog\/usda-loans\/\" target=\"_blank\" rel=\"noreferrer noopener\">USDA loan<\/a>.<\/p>\n\n\n\n<p>For the <a speechify-initial-font-family=\"-apple-system, BlinkMacSystemFont, &quot;Segoe UI&quot;, Roboto, Oxygen-Sans, Ubuntu, Cantarell, &quot;Helvetica Neue&quot;, sans-serif\" speechify-initial-font-size=\"15px\" href=\"https:\/\/www.houzeo.com\/blog\/cash-out-refinance-vs-home-equity-loan\/#What-Is-Cash-Out-Refinance\" target=\"_blank\" rel=\"noreferrer noopener\">cash-out refinance<\/a> option, you\u2019ll need an appraisal. In comparison with your mortgage, you&#8217;ll get more funds from cash-out refinance. <\/p>\n\n\n\n<p>That\u2019s why the lender carries out a <a href=\"https:\/\/www.houzeo.com\/blog\/home-inspections\/#what-is-a-home-inspection\" target=\"_blank\" rel=\"noreferrer noopener\">home inspection <\/a>for refinance. This gives them an estimate of security against the provided loan.<\/p>\n\n\n\n<p>An appraisal for cash-out refinance can be a good option if you want to pay your home loan quickly. It can also boost your <a href=\"https:\/\/www.houzeo.com\/blog\/what-credit-score-is-needed-to-buy-a-house\/\" target=\"_blank\" rel=\"noreferrer noopener\">credit score<\/a>. In a cash-out refinance appraisal, <a href=\"https:\/\/www.houzeo.com\/blog\/home-equity\/\" target=\"_blank\" rel=\"noreferrer noopener\">home equity<\/a> determines how much loan you are eligible for.<\/p>\n\n\n\n<p>To calculate equity, subtract the amount you owe from the market value of your home.<\/p>\n\n\n\n<h2 class=\"margin-top-28 wp-block-heading\" id=\"How-Much-Does-a-Refinance-Appraisal-Cost\"><strong>How Much Does an Appraisal Cost?<\/strong><\/h2>\n\n\n\n<p>The appraisal for the <a href=\"https:\/\/www.houzeo.com\/blog\/cost-to-refinance-mortgage\/#How-Much-Does-Refinance-Cost\" target=\"_blank\" rel=\"noreferrer noopener\">refinance costs<\/a> depends on several factors. Generally, the cost runs between $300 and $600 for a <a href=\"https:\/\/www.houzeo.com\/blog\/single-family-home\/\" target=\"_blank\" rel=\"noreferrer noopener\">single family<\/a>. On the other hand, the cost can go as high as $2,000 for a multifamily appraisal.<\/p>\n\n\n\n<p>The appraisal cost depends on the size of the house, its location, and more. If the property is in a rural area, the appraiser will compare all the recent sales in that area.<\/p>\n\n\n\n<p>There is a possibility that you may have to make an upfront payment for the appraisal. But if you are unable to pay it, you can roll it into the principle of your new loan or file it into the lender&#8217;s credit.<\/p>\n\n\n\n<h2 class=\"margin-top-28 wp-block-heading\" id=\"Types-of-Refinance-Appraisal\"><strong>Types of Refinance Appraisal<\/strong><\/h2>\n\n\n\n<p>There are various types of refinance appraisals. You can select one based on your refinance requirements and financial conditions.<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong speechify-initial-font-family=\"-apple-system, BlinkMacSystemFont, &quot;Segoe UI&quot;, Roboto, Oxygen-Sans, Ubuntu, Cantarell, &quot;Helvetica Neue&quot;, sans-serif\" speechify-initial-font-size=\"15px\">Hybrid Appraisal:<\/strong> Here, the appraiser doesn&#8217;t visit the house themselves. Instead, they hire a third party to appraise the property. Based on the third-party report, the appraiser comes up with the appraised value.<\/li><li><strong speechify-initial-font-family=\"-apple-system, BlinkMacSystemFont, &quot;Segoe UI&quot;, Roboto, Oxygen-Sans, Ubuntu, Cantarell, &quot;Helvetica Neue&quot;, sans-serif\" speechify-initial-font-size=\"15px\">Drive-by Appraisal:<\/strong> The appraiser usually drives by and takes a look at the property. It is more like an exterior home inspection for refinancing. The FHA and VA allow drive-by appraisals.<\/li><li><strong speechify-initial-font-family=\"-apple-system, BlinkMacSystemFont, &quot;Segoe UI&quot;, Roboto, Oxygen-Sans, Ubuntu, Cantarell, &quot;Helvetica Neue&quot;, sans-serif\" speechify-initial-font-size=\"15px\">No-Appraisal Refinance:<\/strong> Most of the refinance requires a new appraisal or re-appraisal. However, some streamlined programs allow no-appraisal refinances. For example<ul speechify-initial-font-family=\"-apple-system, BlinkMacSystemFont, &quot;Segoe UI&quot;, Roboto, Oxygen-Sans, Ubuntu, Cantarell, &quot;Helvetica Neue&quot;, sans-serif\" speechify-initial-font-size=\"15px\"><li>USDA streamline refinance&nbsp;<\/li><li><a speechify-initial-font-family=\"-apple-system, BlinkMacSystemFont, &quot;Segoe UI&quot;, Roboto, Oxygen-Sans, Ubuntu, Cantarell, &quot;Helvetica Neue&quot;, sans-serif\" speechify-initial-font-size=\"15px\" href=\"https:\/\/www.houzeo.com\/blog\/fha-streamline-refinance\/\" target=\"_blank\" rel=\"noreferrer noopener\">FHA streamline refinance&nbsp;<\/a><\/li><li><a speechify-initial-font-family=\"-apple-system, BlinkMacSystemFont, &quot;Segoe UI&quot;, Roboto, Oxygen-Sans, Ubuntu, Cantarell, &quot;Helvetica Neue&quot;, sans-serif\" speechify-initial-font-size=\"15px\" href=\"https:\/\/www.va.gov\/housing-assistance\/home-loans\/loan-types\/interest-rate-reduction-loan\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">VA interest rate reduction loan<\/a><\/li><\/ul><\/li><\/ul>\n\n\n\n<h2 class=\"margin-top-28 wp-block-heading\" id=\"What-Do-Appraisers-Look-for-in-a-Refinance\"><strong>What Do Appraisers Look for in a Refinance?<\/strong><\/h2>\n\n\n\n<p>There are various factors that an appraiser looks for, starting from the location of the property to the number of rooms in it. Here&#8217;s a list of all the factors that appraisers consider:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Home Systems:<\/strong> Heating, ventilation, and air conditioning (HVAC) systems fall under necessities and can affect the home appraisal overall. You must ensure there are no issues with the system during the inspection.<\/li><li><strong>Location<\/strong>: Location is one of the most important factors to consider. The appraiser quotes the value of your home by comparing it with recently sold houses in your area. Parks, shopping centers, and other establishments close to your neighborhood will raise the value of your house.<\/li><li><strong>Size:<\/strong> The more square footage your home has, the more value it will have. With a larger area, it will have more bedrooms and bathrooms. Thus, it will increase the market value of the place.<\/li><li><strong>Condition of the House:<\/strong> In the refinance appraisal process, the appraiser will make a property maintenance report. Even the layout of the house matters, whether it looks modern or not, and how well the systems are working.<\/li><li><strong>Exterior:<\/strong> The condition of the interior matters the most, but the appraiser also evaluates the exterior. The deck, garage, and porches should be clean and functional.<\/li><li><strong>Improvements:<\/strong> This is an option to get a favorable appraisal. If you make improvements like a roof replacement or plumbing fixtures, it can help in the appraisal.<\/li><\/ul>\n\n\n\n<h3 class=\"margin-top-28 wp-block-heading\"><strong>Refinance Appraisal Checklist<\/strong><\/h3>\n\n\n\n<p>Alongside these factors, you have to check all the boxes to get better results in your appraisal. Here is a checklist to boost your appraisal.<\/p>\n\n\n\n<div class=\"wp-block-group\"><div class=\"wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow\">\n<ul class=\"wp-block-list\"><li>Maintain the interior walls<\/li><li><a href=\"https:\/\/www.houzeo.com\/blog\/increase-home-value\/#focus-on-curb-appeal\" target=\"_blank\" rel=\"noreferrer noopener\">Focus on curb appeal<\/a><\/li><li>Repair HVAC system<\/li><li>Organize the house<\/li><li>Upgrade minor things (repaint the house)<\/li><\/ul>\n\n\n\n<p>Apart from this, you must research to get a better idea about market value.<\/p>\n<\/div><\/div>\n\n\n\n<h3 class=\"margin-top-28 wp-block-heading\"><strong>What Hurts a Home Appraisal for Refinance?<\/strong><\/h3>\n\n\n\n<p>The <a href=\"https:\/\/www.houzeo.com\/blog\/home-appraisal-process\/\" target=\"_blank\" rel=\"noreferrer noopener\">home appraisal process<\/a> can be problematic when it results in low appraisals for minor reasons. To avoid such circumstances, here&#8217;s a list of things that affect a home appraisal for refinance:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Rural or Unique House:<\/strong> Rural and unique houses face a lot of issues when it comes to appraisal.<\/li><li><strong>Old and Outdated Systems:<\/strong> Before the house inspection, remember to upgrade all the old and outdated systems. They can negatively impact the appraisal report, which can lead to a lower market value for your home.<\/li><li><strong>Maintenance:<\/strong> The appraiser evaluates the result based on the maintenance of the house during the refinance appraisal.<\/li><li><strong>Structure:<\/strong> The worn-out structure of the house, including the siding roof and damaged doors or windows, can affect the appraisal. The house should be <a href=\"https:\/\/www.houzeo.com\/blog\/increase-home-value\/#energy-efficient-home\" target=\"_blank\" rel=\"noreferrer noopener\">energy efficient<\/a> according to the current standards. <\/li><\/ul>\n\n\n\n<h2 class=\"margin-top-28 wp-block-heading\" id=\"What-to-Do-If-the-Refinance-Appraisal-Is-Low\"><strong>What to Do if the Refinance Appraisal Is Low?<\/strong><\/h2>\n\n\n\n<p>It can be a setback when your refinance appraisal comes lower than you expect. Although, you can apply for a re-appraise to get a higher appraisal.<\/p>\n\n\n\n<p>Additionally, there are chances that the appraiser might not notice the latest upgrades in the report. Henceforth, you can check for any errors and write about them to the lender.&nbsp;<\/p>\n\n\n\n<p>Still, if the result doesn\u2019t favor you, you can apply for a re-appraisal for refinance. You have to pay more, but it might help you get a higher appraisal.<\/p>\n\n\n\n<h2 class=\"margin-top-28 wp-block-heading\" id=\"Should-You-Go-for-it\"><strong>Should You Go for it?<\/strong><\/h2>\n\n\n\n<p>The need for appraisal refinance depends on the situation you are facing. Also, in case you want to refinance and don\u2019t have a loan from FHA, VA, or USDA, you\u2019ll need an appraisal.<\/p>\n\n\n\n<p>Apart from that, if the appraisal is low, there are chances that the lender will deny the appraisal. In such circumstances, you can think about cash-out refinances.<\/p>\n\n\n\n<h2 class=\"margin-top-28 wp-block-heading\"><strong>Find Your New Home With Houzeo<\/strong><\/h2>\n\n\n\n<p>With thousands of property listings, Houzeo.com is one of the biggest property listing sites in the US. Find condos, townhouses, co-ops, and other types of <a href=\"https:\/\/www.houzeo.com\/homes-for-sale\" target=\"_blank\" rel=\"noreferrer noopener\">homes for sale<\/a> on Houzeo.<\/p>\n\n\n\n<p class=\"margin-top-15\"><strong>\u00bb Need More Clarity?&nbsp;<\/strong>Read these exclusive&nbsp;<a href=\"https:\/\/www.realestatequeen.com\/houzeo-reviews\/\" target=\"_blank\" rel=\"noreferrer noopener\">Houzeo reviews<\/a>&nbsp;and learn why the platform is the best in America\u2019s competitive housing market.<\/p>\n\n\n\n<h2 class=\"margin-top-28 wp-block-heading\" id=\"FAQs\"><strong><strong>Frequently Asked Questions<\/strong><\/strong><\/h2>\n\n\n\t\t<div class=\"wp-faq-schema-wrap wp-faq-schema-accordion\">\n\t\t\t\t\t\t<div class=\"wp-faq-schema-items\">\n\t\t\t\t\t\t\t\t\t<p class=\"ui-accordion-header\">\n\t\t\t\t\t\tHow to get a high appraisal for refinance?\t\t\t\t\t\t<span class=\"ui-accordion-header-icon ui-icon ui-icon-triangle-1-s\"><\/span>\n\t\t\t\t\t<\/p>\n\t\t\t\t\t<div class=\"ui-accordion-content\">\n\t\t\t\t\t\t<p>Here are the few key points to get a high appraisal for refinance:<\/p>\n<p>1. Refinance when <a href=\"https:\/\/www.houzeo.com\/blog\/how-much-is-my-house-worth\/\" target=\"_blank\" rel=\"noreferrer noopener\">home value<\/a> increases in your local area.<br \/>\n2. Upgrade HVAC<br \/>\n3. Perform decluttering<br \/>\n4. Do your research for comparables<\/p>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<p class=\"ui-accordion-header\">\n\t\t\t\t\t\tHow long does a refinance take after appraisal?\t\t\t\t\t\t<span class=\"ui-accordion-header-icon ui-icon ui-icon-triangle-1-s\"><\/span>\n\t\t\t\t\t<\/p>\n\t\t\t\t\t<div class=\"ui-accordion-content\">\n\t\t\t\t\t\t<p>It depends on the <a href=\"https:\/\/www.houzeo.com\/blog\/home-appraisal\/\" target=\"_blank\" rel=\"noreferrer noopener\">home appraisal<\/a> method since there's a delay due to the involvement of third parties in the process. Also, the lender can help you determine the period. <\/p>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<p class=\"ui-accordion-header\">\n\t\t\t\t\t\tDoes a refinance appraisal affect property tax?\t\t\t\t\t\t<span class=\"ui-accordion-header-icon ui-icon ui-icon-triangle-1-s\"><\/span>\n\t\t\t\t\t<\/p>\n\t\t\t\t\t<div class=\"ui-accordion-content\">\n\t\t\t\t\t\t<p>No, a refinance appraisal doesn't affect <a href=\"https:\/\/www.houzeo.com\/blog\/property-tax\/#what-is-real-estate-tax\" target=\"_blank\" rel=\"noreferrer noopener\">property taxes<\/a>.Although there are chances for an increase in the property tax in cash-out refinance when you upgrade your house.<\/p>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<p class=\"ui-accordion-header\">\n\t\t\t\t\t\tWhat happens during a home appraisal for refinance?\t\t\t\t\t\t<span class=\"ui-accordion-header-icon ui-icon ui-icon-triangle-1-s\"><\/span>\n\t\t\t\t\t<\/p>\n\t\t\t\t\t<div class=\"ui-accordion-content\">\n\t\t\t\t\t\t<p>A <a href=\"https:\/\/www.houzeo.com\/pros\/home-appraisers-near-me\" target=\"_blank\" rel=\"noreferrer noopener\">home appraiser<\/a> inspects the exterior and interior of your home in a refinance appraisal. They also check all the systems and the condition of your home. Upon which they evaluate the market value of your house.<\/p>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\n\n\n\n<p class=\"notes-text margin-top-28 has-small-font-size\"><\/p>\n\n\n\n<p class=\"notes-text\"><\/p>\n","protected":false},"excerpt":{"rendered":"<div class=\"new-excerpt\"><p class=\"small-desc\">Want to refinance your home? Impress the appraiser with a few key takeaways and get the best refinance appraisal in your local...<\/p><\/div><div class=\"reading_date\"><span class=\"readtime\">8 mins read<\/span><span class=\"date\">Nov 14, 2024<\/span><\/div>","protected":false},"author":102,"featured_media":426868,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[46225,46243],"tags":[28473,28470,28475,28471,28472],"class_list":["post-297906","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-buyer","category-mortgage-refinance","tag-appraisal-for-refinancing","tag-appraisal-refinance","tag-appraisal-refinance-mortgage","tag-cash-out-refinance-appraisal","tag-low-appraisal-refinance"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Appraisal Refinance: Meaning, Costs, and Types<\/title>\n<meta name=\"description\" content=\"A refinance appraisal means getting your home appraised for a new loan while refinancing. An appraisal refinance costs $300 - $600 for a single-family home.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.houzeo.com\/blog\/refinance-appraisal\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Appraisal Refinance: Meaning, Costs, and Types\" \/>\n<meta property=\"og:description\" content=\"A refinance appraisal means getting your home appraised for a new loan while refinancing. An appraisal refinance costs $300 - $600 for a single-family home.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.houzeo.com\/blog\/refinance-appraisal\/\" \/>\n<meta property=\"og:site_name\" content=\"Houzeo Blog\" \/>\n<meta property=\"article:published_time\" content=\"2024-11-14T09:46:53+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-11T11:08:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.houzeo.com\/blog\/wp-content\/uploads\/2023\/11\/Appraisal-Refinance_-What-is-It-and-Why-Do-You-Need-It.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"810\" \/>\n\t<meta property=\"og:image:height\" content=\"435\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"Aditya Agarwal\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Aditya Agarwal\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Appraisal Refinance: Meaning, Costs, and Types","description":"A refinance appraisal means getting your home appraised for a new loan while refinancing. An appraisal refinance costs $300 - $600 for a single-family home.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.houzeo.com\/blog\/refinance-appraisal\/","og_locale":"en_US","og_type":"article","og_title":"Appraisal Refinance: Meaning, Costs, and Types","og_description":"A refinance appraisal means getting your home appraised for a new loan while refinancing. An appraisal refinance costs $300 - $600 for a single-family home.","og_url":"https:\/\/www.houzeo.com\/blog\/refinance-appraisal\/","og_site_name":"Houzeo Blog","article_published_time":"2024-11-14T09:46:53+00:00","article_modified_time":"2025-02-11T11:08:25+00:00","og_image":[{"width":810,"height":435,"url":"https:\/\/www.houzeo.com\/blog\/wp-content\/uploads\/2023\/11\/Appraisal-Refinance_-What-is-It-and-Why-Do-You-Need-It.webp","type":"image\/webp"}],"author":"Aditya Agarwal","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Aditya Agarwal","Est. reading time":"7 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.houzeo.com\/blog\/refinance-appraisal\/","url":"https:\/\/www.houzeo.com\/blog\/refinance-appraisal\/","name":"Appraisal Refinance: Meaning, Costs, and Types","isPartOf":{"@id":"https:\/\/www.houzeo.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.houzeo.com\/blog\/refinance-appraisal\/#primaryimage"},"image":{"@id":"https:\/\/www.houzeo.com\/blog\/refinance-appraisal\/#primaryimage"},"thumbnailUrl":"https:\/\/www.houzeo.com\/blog\/wp-content\/uploads\/2023\/11\/Appraisal-Refinance_-What-is-It-and-Why-Do-You-Need-It.webp","datePublished":"2024-11-14T09:46:53+00:00","dateModified":"2025-02-11T11:08:25+00:00","description":"A refinance appraisal means getting your home appraised for a new loan while refinancing. 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