An Introduction to Residential Appraisals

 

The Professional Appraisal

The intent of the following articles is to focus on the mechanics of establishing an accurate value and price on an individual residential property. We will look at the roles that a professional appraisal, a free market evaluation from a Realtor, and our own observations play in the process of getting the best price for the individual residential property. Briefly we will look at the following topics:

Historic Vs Future Value:
Reliability & Verifability:
Credibility:
Independent & Objective Opinion:
Expertise in Researching Market
Selling & Marketing Aid
Cost Vs Investment