Why Neighborhood Analysis Matters: Avoiding Costly Appraisal Mistakes
Appraisal Buzz
JUNE 16, 2025
Question: In a recent review of one of my appraisal reports, the reviewer said my neighborhood analysis was poor. I asked what that meant, and she indicated I should familiarize myself with Fannie Mae’s requirements for a NEIGHBORHOOD ANALYSIS. She also indicated what I had in my report was just a recitation of facts , but (a) lacked any analysis and interpretation of the neighborhood’s trends and (b) therefore, I did not analyze the neighborhood sufficiently to reconcile my conclusions of
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