Frequently Asked Questions
Your questions about appraisals, answered clearly.
- What is a real estate appraisal?
- An appraisal is a professional, unbiased estimate of a property's market value, typically used for legal, financial or decision‑making purposes.
- How long does an appraisal take?
- The onsite inspection usually takes 30–60 minutes. The full report is typically delivered within 2–3 business days, depending on complexity.
- How much does an appraisal cost?
- Fees vary based on the property type and complexity. Most standard residential appraisals range from $450 to $650.
- What’s included in a divorce appraisal?
- It includes a full analysis of the property's market value as of a specific date, using comparable sales and accepted industry methodology. It can be court‑ready if needed.
- What is a “date of death” or estate appraisal?
- An estate appraisal determines the fair market value of a property as of the decedent’s date of death, often required for probate or trust settlement.
- Will the appraiser come inside the home?
- Yes. For most full appraisals the appraiser will inspect both the interior and exterior. In some cases, exterior‑only appraisals are allowed.
- Can I be present during the appraisal?
- Yes. Many homeowners or parties are present during the inspection, and it can be helpful if you have documentation or recent updates to share.
- How far back do you go for comparable sales?
- Typically, we analyse sales from the past 3–6 months within close proximity. If there are no recent comps, we may expand the date or distance range slightly.
- How long is an appraisal report valid?
- There’s no fixed expiration, but most appraisals are considered valid for 6–12 months unless the market changes significantly.
- Do you share the report with anyone else?
- No. The appraisal report is confidential and only shared with the client or those authorised by the client.