Elements of a properly prepared appraisal report include:

 

  • Name and Address of Client
  • Name, Contact Information and Qualifications of the Appraiser
  • Signed Certification
  • Scope of Work Narrative
  •  
  • Purpose of the Appraisal
  •      Insurance
  •      Donation
  •      Estate
  •      Equitable Distribution
  •      Damage Claims and Inspecitions
  •      Estate Planning
  •      Liquidation
  •      Pre Move Inspecetions
  •  
  • Approaches to Value
  •      Fair Market Value
  •      Replacement Cost
  •      Marketable Cash Value
  •      Liquidation Value
  •      Replacement Cost New
  •      Reproduction Cost
  •  
  • Approaches to Value
  •      Market Data/Sales Comarison
  •      Cost
  •      Income
  •  
  • Types of Reports
  •      Restricted Use
  •      Summary
  •      Self Contained
  •  
  • Market Analysis and Defined Value Conclusions
  • Property Descriptions
  • Extraordinary Assumptions
  • Limiting Conditions
  • Pagination and other formatting techniques
  •  

 

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