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An Overview of Two Common Property Appraisal Methods

East Coast Appraisal

Architectural style. Location factors, such as transport networks, crime rates, and employment opportunities affect housing prices. Thus, the cost of a house depends on both the construction and land cost. The appraisal will consider the market value of the land. Land value depends on: The location.

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Appliances for FHA appraisals

Appraisal Today

also clarifies when appliances are required to be operational by stating, “Appliances that are to remain and that contribute to the market value opinion must be operational,” and, “The Appraiser must note all appliances that remain and contribute to the Market Value.” FHA Handbook 4000.1 Nationwide, 31.8%