Turn to us for comprehensive property appraisal solutions.
Who makes sure a property is worth the purchase price? This is where an appraiser comes in. We provide an unbiased opinion of what a buyer could expect to pay — or a seller could expect to receive — for a parcel of real estate, where both buyer and seller are informed parties. A licensed, certified, professional appraiser from C and J Appraisal Company, LLC will ensure you are informed.
Our first responsibility during a property appraisal is to inspect the property to ascertain its true status. We must see features first hand, such as the number of bedrooms and bathrooms, the location, amenities, etc., to ensure they really are there and are in the condition a reasonable buyer would expect them to be. The inspection often includes a sketch of the property, ensuring the square footage is proper and conveying the layout of the property. Most importantly, we look for any obvious amenities – or defects that would affect the value of the property.
Next, after the inspection, we use appropriate approaches to determine the value of the property, including paired sales analysis or, in the case of a rental property, an income approach. Examining the data from all applicable approaches, we are then ready to stipulate an estimated market value for the property at hand. The estimate of value on the appraisal report is not always the final sales price, even though it is likely the best indication of a property’s value. There are always mitigating factors, such as seller motivation, urgency or ‘bidding wars,’ that may adjust the final price up or down.
Regardless, the appraised value is typically employed as a guideline for lenders who don’t want to loan a buyer more money than the property is actually worth. At the end of the day, an appraiser from our team will guarantee you solidify the most accurate property value, so you can make educated real estate decisions. Contact us today to order a property appraisal in Guilford County, North Carolina.
Contact C and J Appraisal Company, LLC Today!
Common Questions About Property Appraisals
If you need an appraisal done as part of a real estate transaction, or for another purpose, hire our team at C and J Appraisal Company, LLC. We have answered some common questions we receive from our clients about what appraisals are and how they work down below.
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What factors are considered during a property appraisal?
We consider many factors during the property appraisal process. For example, we take into account the property’s location, size, and features; the current state of the real estate market; and comparable sales in the area.
How is market value determined during an appraisal?
What’s the difference between market value and assessed value?
What kind of property appraisals do you conduct?
How do I order an appraisal?
Contact C and J Appraisal Company, LLC Today!
At C and J Appraisal Company, LLC, we offer property appraisal services for those in the Triad, as well as throughout Raleigh, Mecklenburg County, Stokes County, Davidson County, Alamance County, Randolph County, Rockingham County, Forsyth County, and Guilford County, North Carolina.