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2 Minutes
Why Your Home Isn’t Selling (How an Appraisal Can Help)
Home not selling? Find out how a professional appraisal can make the difference!
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Appraisal Blog
From expert advice to behind-the-scenes updates, our blog is where we share what we’ve learned along the way.
Featured Article
Guides
More Insights & Articles
Real Estate
4 min read
How Much Value Does an ADU Add to a Property?
Learn how accessory dwelling units (ADUs) can impact residential property values and how appraisers determine contributory value in today’s market.
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Real Estate
3 min read
Tax Step-Up Basis Date of Death Appraisals
Learn how retrospective appraisals help establish fair market value for inherited properties and support IRS tax step-up basis reporting.
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Guides
3 Minutes
What Has the Highest Impact on Home Values?
Learn the key factors that have the greatest impact on residential property values, including location, condition, upgrades, lot size, and market conditions.
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Valuation
3 minutes
The Importance of Accurate Appraisals
An accurate home appraisal is essential for making sound financial decisions, whether you’re buying, selling, or refinancing a property. It provides an unbiased estimate of a home’s market value, ensuring that lenders, buyers, and sellers have a clear understanding of its worth.
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Valuation
4 minutes
Appraisal Terminology
The appraisal process can seem overwhelming, especially with so many industry terms to navigate. Understanding key terminology—such as “comparable sales,” “market value,” “gross living area,” and “cost approach”—helps you make informed decisions during a property transaction.
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Guides
5 minutes
The Appraisal Process
The appraisal process is a critical step in determining a property’s fair market value. It begins with scheduling an inspection, where the appraiser assesses the home’s size, condition, and features. Next, the appraiser researches comparable sales in the area to benchmark the property’s value.
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Finance
4 minutes
Appraisal vs. Inspection
Although appraisals and inspections are often mentioned together, they serve different purposes. A home inspection focuses on identifying structural or mechanical issues, ensuring the property is safe and in good condition.
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Finance
5 minutes
Impact of Market Conditions on Appraisals
Real estate values fluctuate with market conditions, and appraisals reflect these shifts. When demand is high and inventory is low, property values tend to rise, leading to higher appraisal results. Conversely, in slower markets, appraisals may come in lower than expected. Economic factors such as interest rates, inflation, and local development also influence value.
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Guides
6 minutes
The Role of Appraisers
Appraisers play a crucial role in maintaining fairness and transparency in real estate transactions. Their job is to provide an unbiased, professional opinion of a property’s market value based on research, data, and on-site evaluation.
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Maintenance
3 minutes
Common Appraisal Mistakes
Even experienced homeowners and real estate professionals can make mistakes that affect appraisal outcomes. Common issues include overestimating home improvements, neglecting maintenance, or misunderstanding market trends.
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Real Estate
4 minutes
How to Prepare for an Appraisal
Proper preparation can make a big difference in your home’s appraised value. Start by addressing visible repairs, improving curb appeal, and tidying up the interior. Gather documentation of recent upgrades or renovations and share them with the appraiser.
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