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Catalog » Loan Qualification Topics » Comparing Residential vs. Commercial Appraisals
Comparing Residential vs. Commercial Appraisals


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

 

This article was published on Thursday 07 June, 2007.

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