Determine the purpose of the appraisal
Hire a licensed or certified appraiser
Gather property details and documents
Inspect the home’s exterior and interior
Measure the home’s size and layout
Note the number of bedrooms and bathrooms
Assess the condition of the structure and systems
Evaluate upgrades, renovations, and repairs
Review the lot size and land characteristics
Compare the home to recent nearby sales
Adjust for differences between comparable properties
Analyze current market conditions
Consider location, neighborhood, and school district
Check zoning, permits, and legal issues
Review income potential if applicable
Compile the appraisal report
Determine the final estimated market value