Alvin Texas Real Estate Appraisals

Your appraiser will analyze recently sold as well as currently listed houses in your neighborhood in completion of the sale comparison approach. Generally a sales comparison grid is used and adjustments are made to each of the comparable properties for major variances between the comparables and the property being evaluated for such items as location, gross living or building area, land size, condition/effective age, market forces, degree of remodeling and significant amenities. In the market approach, a property appraiser strives to both anticipate and reflect the reaction of a typical purchaser to the Subject.

Appraisers will not physically examine the roof but they will examine it from ground level. If they feel that your roof may need more thorough review they will notate it within the appraisal report. If a house appraiser has reason to believe that the roof may not be in acceptable condition, they will be required to reveal it inside their report.

This is calculated by how the flood area influences usage of the property and whether or not there is probability for damage to buildings due to flooding. For instance, if just the back portion of your property is situated in a floodplain and there are no structures in the location that may be damaged or cut-off by high water, then it will impart a reduced affect on the appraisal report. However, if the house or structures like outbuildings and means of entry are at risk of being damaged by water then it will have an impact on the house’s appraisal . In either scenario an appraiser must research other houses with equivalent floodplains and calculate the influence such a attribute will have on desirability.