When this appraisal helps
A private appraisal can support preparation for a sale, including for-sale-by-owner decisions. It is an opinion of value, not a promise of a sale price or a substitute for a buyer’s lender requirements.
What the work considers
The agreed scope guides the property research, observation and market analysis. Relevant property characteristics, condition, improvements and comparable sales help support the opinion of value.
Start with the right information
- Property address
- A list of recent improvements and their dates
- Known condition issues
- Your anticipated listing plans
From request to report
Send the property address and purpose. Scott reviews the assignment, discusses the fee and timing, and confirms access needs. Research and analysis follow before delivery of the report for its agreed intended use.
A question worth asking
How does this differ from a comparative market analysis?
A real estate professional’s comparative market analysis can inform a listing strategy. An appraisal is a separate valuation assignment with an identified scope, intended use and supporting analysis.
How much does an appraisal cost?
The fee depends on the property, location and assignment requirements. Send the property address and purpose so Scott can review the scope and provide a quote.
How long will it take?
Scheduling and completion depend on the assignment and current availability. Mention any deadline when you contact Scott; timing is confirmed before work begins.
An appraisal is an opinion of property value. Your attorney, accountant, lender or other adviser should confirm requirements for your particular matter.
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