Residential real estate appraisal is an integral part of the home buying process. Both buyers and sellers alike, rely on honest real estate appraisal services to ensure the home buying process is fair and balanced. Since real estate purchases are often infrequent, an assessment of value by an impartial third party helps to prevent fraud and over inflation of price.
Local Real Estate Appraisals
Another reason real estate appraisers are needed, is the fact that similar properties may differ greatly in value depending on location. That is why it is imperative you find an appraiser that has expertise in your particular area. BRB Appraisals, LLC specializes in North and South Carolina. Therefore, property owners throughout these two states are assured their properties will be evaluated with the expertise needed for this region.
BRB Appraisals, LLC is located in Hendersonville, NC just outside the beautiful city of Asheville, NC. We provide experienced residential real estate services to homeowners and potential homeowners throughout North and South Carolina. Our team of appraisers is adept at assessing residential properties and returning with accurate and fair appraisals. BRB Appraisals, LLC is one of North and South Carolina’s most trusted appraisal firms.
Sales Comparison Method
BRB Appraisal, LLC’s Sales Comparison Method estimates your property’s market value by making a comparison to similar sold properties in the area. These properties are called comparables or comps for short.
Obviously two properties are not perfectly alike and our appraisers will compare the previously sold homes in the area to your property. BRB’s appraisers will make adjustments to the comps to ensure they match up more closely to your property. This results in a more accurate figure for your property’s value.
BRB Appraisal’s, LLC’s Cost Method is best suited for new properties. This is because the costs of construction are a known commodity. Our appraisers simply gather the appropriate information and estimate the cost it would take to replace the building if it were destroyed.
The Income Method BRB Appraisals, LLC uses is better suited for properties that generate income. This is applicable to vacation properties, rental homes and income producing residential properties. In these instances, our appraisers will use the amount of income a property generates to deduce the revenue it will continue to produce.
Contact BRB Appraisals, LLC today online or call (828) 693-1300 and have one of our expert appraisers speak with you about your residential appraisal needs.