What is an Appraisal

Natalia Echeverri
Natalia Echeverri
Published on September 2, 2021

What is an Appraisal
A very important piece of the buying journey is the property APPRAISAL, it is the time when an expert estimates the value of your property, evaluating the size, area, style, and function, the expert will also evaluate external factors that might impact value or marketability of your new home. Property Appraisal will determine the actual home market value.

ap·prais·al
/əˈprāzəl/ ** Learn to pronounce
noun
an act of assessing something or someone. Property Appraisal
“the report has been subject to appraisal”

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