A home evaluation, also known as a property valuation or a real estate appraisal, is the process of determining the value of a property.
The value of a property is determined by a variety of factors, including location, size, condition, and market conditions.
A professional appraiser will conduct a physical inspection of the property, take measurements, and review any relevant records or
documents related to the property, such as the purchase price, property tax records, and any improvements or renovations that have been made.
They will then use this information, along with their knowledge of the local real estate market, to determine the fair market value of the property.
Home evaluations can be used for a variety of purposes, such as determining the value of a property
for sale or purchase, determining property tax assessments, or establishing a property's value for insurance or lending purposes.
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