Our reports range from $4.95 to $29.95 with discounts for volume users. They are a great value when you consider that a typical residential appraisal can cost between $250.00-$500.00.
Its easy just start by inputting an address on our home page. Electronic Appraiser is the only service which gives you an instant online report in a well organized and easy to read format complete with color graphs and charts.
Electronic Appraiser only provides reports on residential properties. Reports are not available for commercial, industrial, vacant land or agricultural properties
An appraisal is an estimate of a properties fair market value prepared by a licensed professional who takes into consideration many items, including: recent sales of comparable properties, location, home size and a physical inspection. An appraisal may run anywhere from $250-$500.00 or higher and usually takes from 1-3 weeks to prepare. Appraisal standards are set by the Appraisal Institute and are required by lenders under various federal and state banking laws. Our reports are not an appraisal, but an excellent and inexpensive way to help determine value.
A comparative market analysis is an unscientific and informal estimate of the market value of a property prepared by a real estate broker/agent based on their knowledge of a particular market area and recent sales of similar properties in that market. Realtors often use this method when advising clients what the listing price of homes for sale should be.
An automated valuation is what you get when you buy a report from us. We prepare our automated home valuations through a continuously updated nationwide data store to of billions of records, we gather specific data on the subject property and then estimate the value of that property in real time. Our valuations are based on comparable sales data, a price and time comparison and a complex valuation engine. Our reports are the most accurate in business, second only to a physical inspection and opinion by a qualified professional. An automated valuation is not an appraisal and no human interaction or inspection is involved in such an analysis; however banks and lenders routinely use such analysis to check the accuracy of appraisals in what is known as the appraisal review process. Further, appraisers and realtors use the same type of information when conducting valuations and market analysis. |
