Frequently Asked Questions

 

1.)  Q. My property is very unique and you will not find comparisons from which to establish value. 

      A. This is one of the most common questions we receive.  It can also be one of the trickiest to 

           answer without confusing the situation.  True appraisers in the real estate marketplace

           are those that buy and sell.  Our role as appraisers is to reflect their actions into the valuation

           process and ultimately appraisal report.  With this in mind, if there is little to compare with

           than we look at alternative indications of value just as potential buyers would - i.e. asking

           prices, offers made on property, etc.  It could also require comparisons outside of the

           immediate area and making adjustments for location (if required). 

2.) Q. How long does an appraisal take to complete?

     A. It can range from a few days for routine small-scale file to weeks, months, and longer for

          litigation related files of a complex nature.  Please be sure to ask when speaking with us.  We

          can normally give a good indication of the time required.    

3.) Q. How much does an appraisal cost?

     A. When you retain an appraiser you are essentially buying time.  For certain files we provide a flat

          rate fee.  For more involved cases we base it on hourly or per diem.  During your initial call with

          us we will attempt to provide a range of our fee.