The appraisal process involves site inspection, search for comparable sales, and calculation of adjustments that result in a customized report often used for the financing, sale or lease of real estate. Although it is an analysis of the real estate, no two appraisals on the same property would be exactly alike. The process involves careful consideration of variables and different approaches customized to the purpose of the appraisal.
For more information on the types of appraisals and common applications, please visit the valuation section of our website.