Suburban Value

At Suburban Value Residential Appraisals, our mission is to provide objective, well-supported appraisals and consulting services to individuals and organizations in Minooka, Channahon, Shorewood, Joliet, and Plainfield. Our team, led by Michael D. Pragit, a state certified appraiser with over 24 years of experience, is dedicated to ensuring that every appraisal is thorough, accurate, and compliant with all applicable laws and guidelines.

Our Services

We offer a wide range of services designed to meet the unique needs of our clients. Whether you're a seller looking to increase your net sale price, a buyer seeking to make an informed purchasing decision, or an individual navigating a complex estate settlement, our appraisals can provide the objective, reliable information you need. Our services include appraisals for sale and purchase decisions, divorce and estate settlements, tax appeal, and PMI removal.

Appraisal Services for Sale and Purchase Decisions

An appraisal can significantly increase the net sale price of a home by providing a well-researched and supported value opinion. Our appraisers can also advise on issues that may affect the home's eligibility for loan programs, preventing problems with last-minute repair requirements and over-updating.

Estate Settlements and Tax Appeal

For those involved in estate settlements, our appraisals can establish the Fair Market Value of real estate left as part of an estate for tax filings, settlement between multiple heirs, and aid in marketing decisions. Our reports can also be used to appeal the home value estimate that the county uses to determine your property taxes.

PMI Removal

We can assist with removing Private Mortgage Insurance (PMI) by determining the property's value and providing the necessary documentation for lenders to remove PMI payments when the loan-to-value ratio conditions have been met.

Why Choose Us

At Suburban Value Residential Appraisals, we pride ourselves on our expertise, professionalism, and commitment to providing exceptional service. With years of experience and a deep understanding of the local real estate market, we are confident in our ability to meet the unique needs of each client.