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Real Estate Glossary

Appraisal

inflation calculator
Richard Wilson
Written by Richard Wilson

This is an informal estimate of the value of a property. It is usually provided by a professional appraiser or a real estate agent. Appraisals are not the same as a formal valuation of a property. Appraisals are commonly used for determining a possible selling price of a property or for taxation purposes.

This is an informal estimate of the value of a property. It is usually provided by a professional appraiser or a real estate agent. Appraisals are not the same as a formal valuation of a property. Appraisals are commonly used for determining a possible selling price of a property or for taxation purposes.

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Richard Wilson

Richard Wilson

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