A condo appraisal is a professional evaluation of a condominium’s market value conducted by a licensed appraiser to determine fair pricing for real estate transactions.

In New York City’s real estate market, 20-30% of apartment appraisals come in below the contract price, creating a financing gap that buyers must address

A condo appraisal is a professional property valuation required by mortgage lenders that typically takes 1-2 weeks to complete. Licensed appraisers evaluate key factors including

A condo building’s roof condition directly impacts individual unit appraisal values by 5-15%, making it one of the most significant factors in property valuation. Well-maintained

An apartment’s age directly impacts its appraisal value through five key factors: historical significance can increase value by 10-25% for well-preserved properties, while outdated building

After a home appraisal, the mortgage underwriting process begins, typically taking 30-45 days until closing. The appraisal results determine whether the transaction proceeds smoothly, requires

Environmental factors significantly impact real estate values through climate conditions, natural disaster risks, green space availability, and environmental regulations. Properties in areas with favorable climates

A home appraisal determines a property’s monetary value for lending purposes, while a home inspection evaluates the physical condition and structural integrity. Though both examine

A pre-listing appraisal is a professional property valuation conducted before listing your home for sale, providing an unbiased assessment to help set an accurate asking