What the process is really measuring.
An appraisal is an evidence-based opinion of market value. The assignment may support financing, refinancing, estate planning, tax matters, or another property decision.
Property and site
Living area, layout, lot characteristics, visible improvements, access, and exterior condition.
Systems and condition
Roofing, heating, electrical, plumbing, windows, moisture, and documented major work.
Market context
Comparable sales, neighbourhood influence, property type, competition, and local demand.

