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Appraising New Construction: Guidance for Follow-Up Inspections

McKissock

While most appraisals only require a single field visit—and in some cases none—when it comes to appraising new construction, you may need to visit the property several times. You will also need to conduct a final inspection. Inspection during construction. Final inspection.

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Top 10 Things Appraisers Wish Real Estate Agents Understood

McKissock

” “When to use new construction or remodeled construction as a comparable.” Educate yourselves on construction details and styles of homes. ” “City codes and guidelines so final inspections are not necessary. .” “Location, location, location! Exaggerating isn’t cool.