Real estate appraisal checklist

☑ Collect Documentation
Collect all relevant documents related to the property, such as ownership certificates, construction drawings, mortgage information, recent appraisals, and any renovations or improvements.

☑ Purpose of appraisal
Define the specific purpose of the appraisal, such as obtaining a mortgage, establishing market value for sale or rental, or determining replacement value for insurance.

☑ S ize and layout of theproperty
Make sure you have accurate information about the size and layout of the property, including the number of rooms, bathrooms, and other amenities.

☑ Desired date and time
Determine a suitable date and time for the appraisal, considering your own schedule and the appraiser’s schedule.

☑ Ask questions
Prepare a list of questions you want to ask the appraiser, such as their experience, expertise, and any certifications or accreditations.

☑ Budget
Determine your budget for the appraisal and ask the appraiser about the cost of their services, including any additional costs such as travel.

☑ Comparable properties
Search for comparable properties in the area that have recently been sold or leased, and share this information with the appraiser to help them determine an accurate value.

☑ Communication
Be sure to communicate clearly with the appraiser about your expectations, goals and any specific requirements for the appraisal.

☑ Aftercare
Discuss the results of the appraisal with the appraiser and ask for any additional information or advice. Make sure you fully understand what the appraisal entails and what the findings are.

By following this checklist, you can perform a successful appraisal with the help of a professional appraiser.

Find out how we can help you

Consultacy

Read more
Real estate appraisal checklist

Project Development

Read more
Real estate appraisal checklist

Terzol Real Estate as your property developer

Read more
Real estate appraisal checklist

Our Project Development Partner

Read more
Scroll to Top