I need a home appraisal. Is it possible for me to get one from someone outside of my local area? I’m in a small town and I know the locals will try to put the lowest value to sell it off low to a local.
What can I do? Is there another way for me to get an appraisal? Can I get one Online?( I’m in canada)
September 23rd, 2009 at 2:58 pm
Hire a property appraiser. Most will only work locally because real estate is local. Your homes value is base of the sale value of the other homes around it and nothing else. Some appraisers will offer a replacement value mainly for insurance purposes, but this will not be accurate if you are looking to sell the home or for tax purposes.
Going elsewhere depends on why you want the appraisal. If you are looking to sell or for tax reasons anything you get off the Internet would not be acceptable. You might be able to hire an appraiser from a neighboring town, but since an official appraisal requires a visit to the home, it would be up to the appraiser if they are willing to travel.
September 23rd, 2009 at 9:00 pm
If you hire an apprasier, they have a responsiblity to value it correctly.
If you are looking to sell the place, I would interview 3 good agents and have them show you what the place is worth. And this is free.
If they ask you want you feel the property is worth, tell them “market value”. Don’t let them know what you feel it’s worth, let them do their job. And make them show you why they feel this way.
September 23rd, 2009 at 11:16 pm
Your only options are to hire a real estate appraiser, or to get a realtor to do a valuation on the home. The latter will be free, and will give you an idea of what the market value of your home would be. The realtor will do this on the expectation that you will list the home with them if and when you decide to sell.