What Is An Appraisal?

A Residential Home Appraisal is the answer to the age old question of “What is my home worth?” It is the current market value of the home. Residential Home Appraisals are a result of a licensed appraiser applying their knowledge, experience and professional judgement to determine their opinion of value. This value is derived from many areas of factual data from the condition of the property to the comparable sales of similar style homes and the general market the home is located in.