Sometimes the question is not what a property is worth, but whether someone else's appraisal can be relied on. A formal appraisal review examines another appraiser's data, methods and reasoning and reports whether the conclusions are credible — the kind of evidence an attorney can use, rather than an informal opinion.
When a review makes sense
Opposing appraisals in a divorce or partition case, an estate appraisal a beneficiary believes is too low, a report that seems to ignore obvious comparable sales, or a value that has drifted far from what the market suggests are the typical triggers.
What the review covers
We check the report's data against public records and the MLS, test whether the comparable sales were the most relevant ones available, evaluate each adjustment, and look for internal inconsistencies and compliance issues. Reviews are developed and reported under the appraisal review standard in USPAP.
Review with a second value
If the reviewer disagrees with the original conclusion, the assignment can be expanded to include our own opinion of value as of the same effective date. We will tell you which scope fits your purpose when we quote the work.
Report options
These report types are most often used for this purpose. The quote you receive will confirm which one fits your situation.
Requesting this appraisal
Use the request form to share the property address, the purpose and the effective date you need. You will receive a written quote and delivery date by email — usually within one business day — with no obligation until you approve it.