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- Conduct a room-by-room walk-through to appraise the interior condition.
- Walk the property to appraise the exterior condition.
- Appraise amenities like a swimming pool or built-in bar.
- Note any code violations for the report.
- Record layout and square footage to determine if it’s a single-family dwelling.
Understanding the Work of Appraisers:
- Conducting on-site inspections.
- Researching comparable properties.
- Analyzing details.
- Interpersonal skills like attention to detail and communication.
Appraiser’s Main Job and Value Assessment:
- Determining a property’s current value for potential buyers.
- On-site inspection tasks.
- Researching comparable homes, tax records, legal descriptions, and public records.
- Making adjustments for factors affecting market value.
What Happens During an Appraisal:
- Tasks during on-site inspection.
- Determining market value for various purposes.
- The role in the buying or selling process, property tax assessment, estate planning, and more.