How much does property appraisal cost in Makati?

There is no fixed price for a property appraisal in Makati. The professional fee depends on the property type, its size and value, the purpose of the report, and how complex the property is. A studio condo in the CBD is a smaller job than a village house in Forbes Park or a commercial floor on Ayala Avenue, so a serious appraiser quotes per property rather than posting a flat rate. The honest way to get a real number is to describe the property and ask for a quote, which should be free.

By Jose Dante Almeda Jr., PRC Licensed Real Estate Appraiser No. 11261 & Licensed Real Estate Broker No. 33179 · Last updated July 2026

Why there is no flat rate

Makati is not one market. A one-bedroom unit in a Rockwell tower, a house behind the gates of San Lorenzo Village, and an office floor along Paseo de Roxas each demand different research, different comparables, and different amounts of an appraiser’s time. Anyone who quotes a Makati appraisal over the phone without asking a single question about the property is guessing. The fee follows the work, and the work follows the property.

What moves the price of a Makati appraisal

• Property type. A CBD condo with plenty of recent sales is more straightforward than a bespoke village mansion or a mixed-use commercial building, which need deeper analysis.
• Size and value. Higher-value and larger properties carry more responsibility and more analysis, and the fee reflects that.
• Purpose of the report. An appraisal for a bank loan, for estate settlement with the BIR, or for a court case each has its own documentation demands.
• Complexity of the title and property. A clean title with clear boundaries moves quickly. Co-ownership, an estate, an unusual lot, or missing documents all add work.
• Turnaround. A standard timeline costs less pressure than a rush needed to hit a bank or court deadline.

What you are paying for

There are cheaper ‘desktop’ estimates that skip the inspection and carry no licensed signature. That is a different product. A report signed by a PRC-licensed appraiser, prepared under the Philippine Valuation Standards, is what banks, the BIR, and the courts will actually accept, and it holds up when the number is challenged. For most Makati transactions, whether it is a mortgage, an estate, or a dispute, that credibility is worth more than the few pesos saved on an estimate that no institution will honour. Our guide to property appraisal cost in the Philippines explains this trade-off in more detail.

How long a Makati appraisal takes

For most condos and homes in Makati, we inspect within a few days of your go-ahead and deliver the signed report about five to seven business days after the visit. Commercial and more complex properties can take longer, and a genuine rush is sometimes possible when a deadline is tight, but a realistic timeline is set before you commit, not after.

Full appraisal vs. desk appraisal

A full appraisal includes an on-site inspection and a formal, signed report, and it is what banks, the BIR, and courts require. A desk appraisal gives an indicative value from market data without a site visit, which suits an early pricing decision but is not accepted for official use. If you are unsure which you need, the purpose of the report decides it, and we will point you to the right one.

How to get a firm quote

To get an accurate quote quickly, have these ready: the property location, the title or tax declaration, the approximate floor and lot area, and what the appraisal is for. With those details, the quote is firm and there are no surprises at the end. For related reading, see how appraisals work for bank loans, how the BIR figures in zonal value versus fair market value, and which documents you will need.

Almeda Realty is run by a licensed real estate appraiser in the Philippines and covers Makati and the rest of Metro Manila. See our Makati appraisal page for how we work in the city, read about our appraisal service, or book a free consultation for a quote on your exact property.