First: We almost always need to visit the county courthouse. This allows us to do research into previous owners, dates of sale, past sale prices, assessed values, and taxes. While these details may seem like minutia, they do help us to estimate a value for the property. While the appraiser sometimes visits the courthouse before the inspection, we often wait until afterward, when we have a better understanding of the property.
Second: To determine the value of the subject, we must compare it to other, similar properties which have sold recently. Having done the inspection, we can then begin our research for truly comparable sales, and finding them is not always easy. Spurgeon Appraisals keeps a growing database of sales, but sometimes we must do additional research to find properties truly like the subject.
Third: Finally, the appraiser begins work on the final report itself. And the appraisal report is no longer just a stack of paper where we record our data and results. These reports are written with appraisal software which assists our efforts to “crunch the numbers” from your property and the comparable sales. We can truly say that we have no firm opinion of value until we are finished with the report.
Spurgeon Appraisals is dedicated to providing customers with quality appraisals, worth the price you pay for them. It may take a few days, or even a week in some cases, to go from inspection to appraised value, but once we get there, you will have an opinion of value based on thorough research, reliable data, and genuine expertise.
Spurgeon Appraisals regularly appraises a variety of property types. We have experience appraising farms, residences, and commercial properties. We pride ourselves on providing excellent customer service and quality appraisals. Contact our team to see how we can meet your appraisal needs and exceed your service expectations.
