Single Family Home Appraisal

What Makes Single-Family Appraisals Unique

Single-family home appraisals differ from condo appraisals because they place greater emphasis on:

• Land value and lot utility

• Site improvements

• Privacy and curb appeal

• Exterior condition

• Functional use of the lot

• Detached property appeal

• Neighborhood and site-specific influences

Since the buyer is purchasing both the home and the land, the appraiser analyzes the full property as a whole.

What the Final Appraisal Report Includes

A single-family appraisal report typically includes:

• Interior and exterior photos

• Street scene photos

• Neighborhood analysis

• Comparable sales grid

• Market and adjustment analysis

• Sketch and gross living area calculation

• Final opinion of market value

In short, a single-family home appraisal is a detailed analysis of both the structure and the land, supported by market data and comparable sales, to determine the property’s most probable market value.