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Appraisal Today
MARCH 15, 2024
It is presented as part of the GSEs “Appraisal Modernization” initiative, which aims to streamline the mortgage appraisal process. Mass Appraisal is defined in the Homeowner’s Guide to Mass Appraisal as “the systematic appraisal of groups of properties as of a given date using standardized procedures and statistical testing.”
Birmingham Appraisal
APRIL 11, 2023
Typically, this area comprises homes that are similar in terms of age, quality, design, appeal, price range, school system, and transportation access points, among other factors. If we do not have enough sales to develop an accurate and reliable opinion of value we may need to expand our search parameters, within reason of course.
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