Knowledge base

Appraisal Report

The appraisal report plays a crucial role when buying or selling a property. It provides insight into the value and condition of the house. On this page, you'll find everything you need to know about the appraisal report, with links to in-depth articles and expert tips.

What is an appraisal report and how does it work?

An appraisal report shows the value of a property. It is prepared by an independent appraiser and is essential when buying or selling. In this step-by-step plan, we explain how it works.

1.

Inspection of the property

An appraiser carefully inspects the property. Condition, location, size, and other value-determining factors are assessed.

2.

Market Analysis

This involves looking at comparable properties in the area that have recently been sold. Which helps establish a realistic resale value.

3.

Preparation of the report

Based on the inspection and market analysis, the appraiser prepares a detailed valuation report according to strict standards and guidelines for a reliable valuation.

4.

Receive your house value

After drawing up the report, you will receive a clear overview of the property value.

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Frequently asked questions about the appraisal report

Find answers to questions about the valuation of your house and the importance of an appraisal report here.

What is an appraisal report?

An appraisal report is a document in which the value of a property is estimated by a professional appraiser.

Why do I need an appraisal report?

An appraisal report is often required when selling a house, applying for a mortgage, or when renovating.

How long is an appraisal report valid?

An appraisal report is usually valid for 6 months.

How long does it take to prepare an appraisal report?

Preparing an appraisal report typically takes a few days, depending on the appraiser's availability and the complexity of the property.

Who prepares the appraisal report?

The appraisal report is prepared by an independent, certified appraiser.

What's in an appraisal report?

An appraisal report contains the estimated value of the property, a description of the property and the substantiation of the estimated value.