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What Determines the Appraised Value of a Home?

Updated: 02/01/2018
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Answer: Most recently closed Comparabls sales that are located within the subject property market.
Wall Street Appraisal
Answer: Condition and location are important factors. The primary criterion, though, are recent and similar property sales that form the basis of the appraised value.
V.A. Solano & Associates, Inc.
Answer: The market.
Fast Appraisals
Answer: As an appraiser I look at the following items to determine an opinion on value; location, view, site size, age, quality of construction condition, basement, garage, GLA, bed, bath and room count.
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