12 Easy Steps for a Free Real Estate Appraisal
What follows is a 12-step process that will help the homeowner / buyer, or the student of appraisal create a finished, professional looking appraisal report that is both FREE AND EASY.
When you are stating the factual information regarding the property, try to be as accurate and unbiased as possible. When making the valuation decisions recognize the importance of comparison to property that is truly similar to the subject property.
Please do not be concerned with the dollar values used in the examples. They are simply that, examples. For your subject property you may need to multiply by 5 or add a zero to the end of the number. This does not affect the process. Whether appraising subdivision homes, condominiums, or fabulous beachfront estates, the rules of appraisal remain the same.