Residential Real Estate Appraisals & Valuation Services
High quality accurate real estate valuations with professionalism and courtesy.
UPDATE 10/07/2024
Our location has mobile data, power, water, and internet service.
We are open for business and traveling to all safely accessible properties.
*** Access via 4x4 or ATV/RTV is an option, please notify if use is recommended. ***
Additional services at this time include:
As-Is Condition Storm Damaged Property Appraisals
Property Checks with Photos for Out of Area Owners
Condemnation Valuations
Catastrophic Disaster Area Property Inspection Reports (CDAIR)
COVERAGE AREA: Western North Carolina
• Buncombe County • Madison County • Yancey County
• Henderson County • Haywood County • Mitchell County
• Transylvania County
Specializing in new construction, progress inspections, custom homes, luxury homes, green-built homes, large acreage, and unique properties.
36 years experience
CALL FOR QUOTE CONSULATATION:
828-779-1261
Request an Appraisal Report (PDF Download)
Types of properties a Certified Residential Real Estate Appraiser is able to provide valuations for:
• Single-family properties including luxury, green-built, and farms
• Single or multi-family investment properties including 1-4 units
• Modular and manufactured homes
• Individual condominium units
• Individual townhouses (townhomes, garden homes, villas)
• Land: vacant residential lots, developed sites, and acreage
Types of properties a Certified General Real Estate Appraiser would be required to perform:
•Commercial properties: improved sites, or raw vacant land
•Retail properties: improved sites, or raw vacant land
•Industrial properties: improved sites, or raw vacant land
•Office properties: improved sites, or raw vacant land
•Agricultural properties: improved sites, or raw vacant land
What is an appraisal?
An appraisal is a private and confidential unbiased opinion of value based on the market as of the effective date of the appraisal (which can be past, present, or future).
Appraisals are a valuation service, not a detailed home inspection or a survey, Personal property items are not typically included unless otherwise arranged. Appraisals may be verbal or written. Written reports are usually issued on industry standard forms.
Appraisers are always expected to perform their duties impartially and objectively, independent of undue influence. Appraisers fall under the Financial Services sector: local, state, and federal fair housing and credit regulations apply.
Appraisal reports will meet or exceed USPAP (Uniform Standards of Professional Appraisal Practice) established by the Appraisal Foundation.
Appraisals may only be issued by state licensed or certified appraisers which are regulated by the North Carolina Appraisal Board.
Continuing education is required every 2 years to stay current with knowledge and expertise required to produce credible reports.
READ MORE about types of information that may be included in appraisal reports...
Who utilizes an appraisal report?
BUYERS
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Learning the value range for a property before you buy can assist you in making a fair and appropriate offer.
The cost of an appraisal is minor compared to the potential savings at closing.
It is not uncommon for buyers to make offers higher than market value which may make it difficult to find a willing lender.
BANKS
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Mortgage lenders order appraisals for lending purposes related to primary and secondary mortgages, home equity loans, refinancing, and mortgage insurance (PMI) removal.
They also order construction progress inspections for new construction loans in order to release funds to builders.
The foreclosure process also utilizes appraisals.
Appraisal reviews are ordered by banks as one form of quality control.
SELLERS & BUILDERS
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For sale by owner listings or sales arranged privately between buyers and sellers without the assistance of a real estate agent often utilize appraisals in the pricing and negotiation process.
The cost of an appraisal may earn much more at settlement.
SALES AGENTS
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Real estate agents may elect to order an appraisal as a value-added service or as additional support for a listing price opinion.
PRIVATE INDIVIDUALS & LEGAL PROFESSIONALS
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Estates, trusts, separations, divorces, investments, and tax assessment rebuttals often require appraisals.
INFO SEEKERS
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Additionally, for those not in need of a formal appraisal, there may be benefit from GIS data, public records, and MLS derived data we work with on a daily basis.