Appraisal Review
Independent examination of an appraisal and its supporting evidence.
Who we work with
Owners, lenders, public bodies and legal counsel seek a review when they need to understand an appraisal’s support or reconcile competing opinions of value.
When you need us
When parties rely on different valuation conclusions, a review helps identify whether the disagreement arises from facts, assumptions, comparable evidence or methodology.
What we do
Review comparable selection and valuation reasoning
Prepare a written critique or reply report addressing the material issues
What you receive
Our analysis explains the points of agreement and disagreement and their significance for the value opinion.
What we need to begin
Send the complete appraisal, appendices, instructions and any supporting records available. Identify the intended use of the review, the specific concerns and whether a separate value opinion is requested.
Related assignment
A related retrospective appraisal examined sales history and comparable residential transactions following a failed purchase. It illustrates the need to distinguish transaction prices from a supported market value conclusion. The published assignment is an appraisal, not a documented review of another expert’s report.
Questions & answers
Will a review produce a new value opinion?
Only if that is part of the agreed scope. A review may instead identify strengths, gaps and material disagreements in the report’s reasoning.
What if the reviewer agrees with the original appraisal?
That is a possible conclusion of an independent review. The findings follow the evidence and may narrow the issues that remain in dispute.
Can you review only a disputed assumption?
A focused review can address a defined issue, provided the scope and limitations are clear. We may need the full report to understand how that assumption affects the conclusion.