ProValuations-Residential real estate appraisal professionals
ProValuations is a full-service residential real estate appraisal company. We offer high-quality appraisals to meet the unique needs of our clients. Our certified and licensed appraisers, by USPAP definition, operate in a “independent, impartial and objective” manner to provide credible and reliable results on every assignment. With quick turnaround times and competitive rates, contact us today to request a quote!
The Appraisal Process
Appraisers determine the value of a property based on the type and definition of value requested by the client. In most cases it is market value. The Appraisal Process begins as soon as an Appraiser accepts an assignment. Steps in process include but are not limited to:
- Problem Identification
- Data Collection
- Property Inspection
- Market Analysis and Research
- Determining Value Approaches (Sales Comparison, Income & Cost)
- Reconciliation of Data Collected
WHAT TO EXPECT DURING AN ON-SITE INSPECTION
During an on-site inspection of a property, an Appraiser will typically:
- Conduct an exterior inspection
- Conduct an interior inspection: room-by-room walk-through
- Take exterior and interior photos
- Measure/Sketch the floorplan/dimensions
- Note the exterior/interior features, amenities, and condition
- Note external factors such as neighborhood and market characteristics