Anthony's Appraisal Blog
WHAT IS AN APPRAISAL?
An appraisal is an opinion of value. When given by a qualified appraiser it is a time sensitive and researched based opinion as it relates to the informed judgment and experienced perception of the appraiser. The qualified appraiser's opinion is a "belief stronger than impression" or, in a professional sense, a formal statement made by an expert after careful study. The strength or weight of the opinion rests on the knowledge and evidence that supports it. An untrained or insufficiently researched appraisal lacks believability and becomes an appraisal without justified reasoning.