After inspecting your property we will have the information we need to determine the homes current status. One of the Home Appraising Group experts will physically evaluate the home, making note of how many beds and baths are includes, special amenities worth noting and the overall condition and status of many elements of the home. A way that some assessors convey the actual size, layout and details of a property is to create a sketch of the floor plan. An important priority is noting anything that will change the valuation, which includes things like defects found in the property.
At the conclusion of the physical inspection process, its time to turn to the numbers. Experts at the Home Appraising Group will apply two or three analyses in order to find the value of the property. These may include a replacement cost evaluation, a paired sales approach, and an income approach (should rental properties be prevalent).