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We have over 40 years of experience appraising residential real estate in Collier & Lee Counties. We perform appraisals on all residential properties including single-family residences, condominiums, 2-4 unit properties (i.e. duplexes, triplexes, quadruplexes), and vacant land. Our clients include all major lenders, local lenders, divorc
We have over 40 years of experience appraising residential real estate in Collier & Lee Counties. We perform appraisals on all residential properties including single-family residences, condominiums, 2-4 unit properties (i.e. duplexes, triplexes, quadruplexes), and vacant land. Our clients include all major lenders, local lenders, divorce, estate, and trust attorneys, new construction and inspections, homeowners, borrowers, FHA/HUD, REO, and more.
Our prices are very competitive, and our turnaround times are generally a matter of days. We maintain constant contact with our clients and receive continuous repeat business.
What is a Home Appraisal?
An appraisal is a professional, unbiased estimate of a home’s value conducted by a licensed appraiser. It’s based on factors like the home’s condition, size, location, and recent sales of similar properties ("comps").
Why Are Appraisals Important?
- For Buyers: Ensures the home is worth the price they’re paying.
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What is a Home Appraisal?
An appraisal is a professional, unbiased estimate of a home’s value conducted by a licensed appraiser. It’s based on factors like the home’s condition, size, location, and recent sales of similar properties ("comps").
Why Are Appraisals Important?
- For Buyers: Ensures the home is worth the price they’re paying.
- For Sellers: Helps set a realistic listing price.
- For Lenders: Confirms the property's value aligns with the loan amount, minimizing risk.
Steps in the Appraisal Process
1. Appraisal Ordered: The lender orders the appraisal, typically paid for by the buyer.
2. Appraiser Visits: The appraiser inspects the property’s condition, size, and features.
3. Comparison with Comps: The appraiser evaluates recent sales of similar homes in the area.
4. Report Creation: A detailed report with the estimated value is prepared.
5. Review and Next Steps: If the appraisal matches or exceeds the sale price, the deal proceeds. If it’s lower, renegotiations may be needed.
Key Factors That Affect Appraisal Value
- Location: Desirable neighborhoods boost value.
- Size and Condition: Larger, well-maintained homes appraise higher.
- Upgrades: Renovations and new features can increase value.
- Market Trends: Supply and demand in the local market play a role.
Following our appraisal, you will gain a clear understanding of your home's true value.
Dynamic Appraisals
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