Real Estate Appraisals
& Valuation Services
Appraisal Carolina strives to provide high quality accurate real estate valuations in an efficient manner with honesty, professionalism, and courtesy.
COVERAGE AREA: Western North Carolina Counties
Buncombe County • Madison County • Yancey County • Henderson County • Haywood County • Mitchell County • Transylvania County
Specializing in new construction, luxury, green-built, large acreage, and unique properties.
Over 30 years experience.
CALL FOR A CONSULTATION:
828-779-1261
What is an appraisal?
An appraisal is a confidential and unbiased opinion of value based on the market as of the effective date of the appraisal which can be past, present, or future.
Appraisals are a valuation service, not a detailed home inspection or a survey, Personal property items are not typically included unless otherwise arranged. Appraisals may be verbal or written.
Written reports are issued on industry standard forms. Appraisal reports will meet or exceed USPAP (Uniform Standards of Professional Appraisal Practice) established by the Appraisal Foundation. Confidentiality and privacy will be maintained.
Appraisals may only be issued by licensed or certified appraisers which are state regulated by the North Carolina Appraisal Board. Continuing education is required every 2 years to stay current.
READ MORE about information included in appraisal reports...
Types of properties a certified residential real estate appraiser may provided valuations for:
• Single-family including luxury, green-built, and farms
• Multi-family
• Modular and manufactured homes
• Investment properties
• Individual condominium units
• Individual townhouses (townhomes, garden villas)
• Land: vacant residential lots, developed sites, and acreage
Residential & Land
Who utilizes an appraisal report?
BUYERS
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Learning the value range for a property before you buy can assist you in making a fair and appropriate offer.
The cost of an appraisal is minor compared to the potential savings at closing.
It is not uncommon for buyers to make offers higher than market value which may make it difficult to find a willing lender.
BANKS
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Mortgage lenders order appraisals for lending purposes related to primary and secondary mortgages, home equity loans, refinancing, and mortgage insurance (PMI) removal.
They also order construction progress inspections for new construction loans in order to release funds to builders.
The foreclosure process also utilizes appraisals.
Appraisal reviews are also ordered by banks as one form of quality control.
SELLERS & BUILDERS
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For sale by owner listings or sales arranged privately between buyers and sellers without the assistance of a real estate agent often utilize appraisals in the pricing and negotiation process.
The cost of an appraisal may earn much more at settlement.
SALES AGENTS
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Real estate agents may elect to order an appraisal as a value-added service or as additional support for a listing price opinion.
PRIVATE INDIVIDUALS &
LEGAL PROFESSIONALS
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Estates, trusts, separations, divorces, investments, and tax assessment rebuttals often require appraisals.
INFO SEEKERS
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Additionally, for those not in need of a formal appraisal, there may be benefit from GIS data, public records, and MLS derived data we work with on a daily basis.