A Comprehensive Guide to Property Appraisals: Appraisals are essential in determining the value of a property. They are conducted for various reasons, including selling a home, securing a mortgage, or even getting out of jail. This article will explain different types of appraisals in that you need to know. Residential Appraisals A residential appraisal is conducted by a certified professional known as an appraiser. The appraiser will visit the property to inspect it and will consider several factors: Size and Layout: The appraiser will measure the home to determine its total square footage and assess the layout of the rooms. Condition: The overall condition of the home, including the state of the roof, foundation, walls, and windows, will be evaluated. Location: The neighborhood and the proximity to schools, parks, shopping centers, and public transportation will impact the home's value. The goal is to provide an accurate market v...