|
Conducting the Appraisal: Key Differences
Residential Versus Commercial Appraisals
|
Residential |
Commercial |
|
5 to 10 Days |
Up to 4 Weeks |
|
Cost = $300 - $450 |
Cost = $1,500 - $4,000 |
|
10-15 Page Report |
55-100 Page Report |
|
Many Comparables |
Limited Comparables |
|
“Cookie Cutter” Properties |
Unique Properties |
|
Requires Only A
Brief Area Description |
Requires
Extensive Market Data |
|
