Appraisals

An appraisal gives you and your lender an estimate of a home’s value. It helps make sure your offer is in line with the home’s fair market value.

The Appraisal Process

BUYING A HOME

What Factors Determine the Value?

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Sales price of other homes in the neighborhood.

Total square footage and floorplan of the house.

Unique features and finishing details like wood floors.

Amenities like pools and quality of landscaping.

Number of bedrooms, bathrooms and garage space.

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Overall condition and visual inspections like foundation.

SELLING A HOME

What Factors Can Affect the Value?

Plumbing
Issues

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Faulty
Wiring

Water Damage

Working
Utilities

Damaged
Roof

Structural
Issues