What is an Appraisal?

Home Appraisal

An appraisal is an evaluation or assessment of something’s value, quality, or performance. It is a process that involves examining the characteristics and features of an item, such as a piece of property, a work of art, or a business, to determine its worth or usefulness. Appraisals are commonly used in real estate transactions, insurance claims, and financial reporting, among other areas.