Real Estate Appraisal determines a property’s value based on location, size, condition, and market trends.

Trust Appraisal provides accurate property valuation for equitable distribution among beneficiaries.

Divorce Appraisal assesses property value fairly during divorce proceedings for equitable division.

Tax Reassessment adjusts property taxes based on current market value, potentially lowering your tax burden.

Tax Assessment evaluates a property’s value to determine accurate property tax rates.

A House Appraisal provides an unbiased valuation essential for refinancing, selling, or insurance purposes.

Our Home Appraisal Company offers certified appraisers providing accurate and timely valuations.

A Commercial Appraiser specializes in assessing the value of commercial properties, considering income potential.

Appraisal Consulting offers expert insights for buying, selling, or investing in real estate.

Our Divorce Appraisals ensure an impartial assessment, aiding in equitable property division.

Tax Appraisal determines property value, impacting annual property tax assessments.

Property Valuation Services offer precise assessments for informed real estate transactions.

Real Estate Appraisal helps set accurate property prices, aiding negotiations and smooth transactions.

Our experts navigate Tax Reassessment processes, ensuring fair property tax adjustments.

To explore our Appraisal Services, contact us at (636) 916-3900 for professional consultation and assistance.

An appraisal is a professional estimate of the value of a property. Appraisers use three main approaches to value: the sales comparison approach, the cost approach, and the income approach.

The cost of an appraisal varies depending on the property type, location, and complexity of the appraisal. In general, appraisals cost between $300 and $500.

Appraisals are used for a variety of purposes, including:

• Qualifying for a mortgage
• Buying or selling a property
• Refinancing a mortgage
• Determining the value of a property for estate planning purposes
• Settling a property dispute

The documents you need for an appraisal will vary depending on the type of property and the purpose of the appraisal. However, you will typically need to provide the appraiser with the following documents:

• Property deed
• Tax bill
• Recent appraisal report (if available)
• Listing contract (if applicable)
• Photos of the property

The length of time it takes to complete an appraisal depends on the complexity of the property and the availability of comparable sales. In general, appraisals take between 1 and 2 weeks to complete.

A market value appraisal is an estimate of the value of a property based on its current condition and its potential to be sold in the open market. An investment appraisal is an estimate of the value of a property based on its potential to generate income or appreciation.

A residential appraisal is an appraisal of a single-family home, condo, or townhouse. A commercial appraisal is an appraisal of a commercial property, such as a retail store, office building, or industrial property.

A state-certified appraiser has met the requirements set forth by the state in which they practice. A licensed appraiser has met the requirements set forth by the federal government.

You can find a qualified appraiser by asking your real estate agent, lender, or a professional association such as the Appraisal Institute. You can also search for appraisers online.

Appraisers are held to a high ethical standard. They must be impartial and objective in their appraisals, and they must avoid conflicts of interest.

The most common mistakes made by appraisers include:

• Failing to consider all relevant factors when estimating value
• Using outdated or inaccurate data
• Failing to disclose potential conflicts of interest

If you are not satisfied with the results of an appraisal, you can appeal the appraisal. The appeal process will vary depending on the lender and the state.

The appraiser’s role in a real estate transaction is to provide an unbiased opinion of the value of the property. The appraisal is used by the lender to determine the amount of money that can be borrowed for the property.

Once the appraisal is complete, the appraiser will provide you with an appraisal report. The appraisal report will include the appraiser’s opinion of value, as well as the methods used to arrive at that opinion.

The future of appraisal is uncertain. The rise of automated valuation models (AVMs) is challenging the traditional role of the appraiser. However, appraisers will still be needed to provide unbiased opinions of value in complex transactions.