A professional appraiser conducting a condo appraisal.

Condo, Co-op, & Apartment Appraisals

How Much Do Condo Appraisals Really Cost?

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.

08/13/2024

A woman looks at the laptop screen for the appraisal result

Condo, Co-op, & Apartment Appraisals

What To Do If Your Apartment’s Appraisal Value Is Lower Than The Contract Price

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

08/13/2024

Condo, Co-op, & Apartment Appraisals

Why Do Appraisals Matter For Condo Buyers?

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

08/13/2024

Condo, Co-op, & Apartment Appraisals

How Does The Roof Condition Affect Condo Appraisal?

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

08/13/2024

Condo, Co-op, & Apartment Appraisals

Does The Age Of Your Property Affect An Apartment Appraisal?

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through five key factors: historical significance can increase value by 10-25% for well-preserved properties, while outdated building

08/13/2024

Appraisal Process, Methods, & Industry Basics

Guide To Post-Appraisal Procedures

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

07/04/2024

Blog

How Much Do Condo Appraisals Really Cost?

What To Do If Your Apartment’s Appraisal Value Is Lower Than The Contract Price

Why Do Appraisals Matter For Condo Buyers?

How Does The Roof Condition Affect Condo Appraisal?

Does The Age Of Your Property Affect An Apartment Appraisal?

Guide To Post-Appraisal Procedures

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