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