Frequently Asked Questions
What is involved in the appraisal process?
The process begins with research, which may include:
• Asking questions about the history of the property
• Carefully inspecting the property itself, and any relevant documentation
• Researching the property in publications and databases
• Analyzing sales of comparable properties
We then prepare a comprehensive appraisal report that must at a minimum:
• Clearly state the kind of value being determined, such as fair market, liquidation, replacement, reproduction, etc.
• Describe the property being valued
• Detail the procedures used to determine the value
• Include the signature of the appraiser as required for validity and objectivity
• Specify the personal qualifications of the appraiser
How much does a typical appraisal cost?
The cost and duration of an appraisal can vary greatly, and depends on the nature and the quantity of the property. Please contact us to discuss your specific needs; there is no obligation involved.
Where are you located, and what areas do you serve?
We maintain offices in the Greater Boston area and New York City. We regularly travel throughout New England, New York, and the United States.
Why is it important to hire an appraiser accredited by ASA?
ASA members earn their accreditation only after completing a rigorous evaluation process that requires years of study, dedication, and commitment. ASA-accredited appraisers provide the best valuation expertise available on the market, and their appraisals provide unmatched credibility in legal proceedings.
What is the ASA?
The American Society of Appraisers is an international organization of appraisal professionals and others interested in the appraisal profession. ASA is the oldest and only major appraisal organization representing all of the disciplines of appraisal specialists. One of ASA's primary objectives is to ensure ethical practices and procedures on the part of its members. The society is diligent in its efforts to strengthen and uphold the Principles of Appraisal Practice and Code of Ethics (the code of conduct to which all members must subscribe) in order to protect the client.