For residential appraisals, we generally cover Western and Central MA.

Report Options

Appraisal Report/ Full Report

* Traditional appraisal reports (full reports) are more detailed and contain elements usually required by banks and mortgage companies in order to make more informed lending decisions.

* It may also have a broader range of intended users.

* Our full appraisal reports are often used for estate settlement, tax abatement, or divorce action purposes where more detailed support for the valuation is needed such as; photographs, maps, floor plans, market stats, and other supporting documents.

* These reports are typically more expensive and take longer to complete.

✅ Market Value
✅ Property inspection (appraisal inspection- not a home inspection).
✅Lending
✅ Typical Appraisal Report
✅ Property Sketch/Measurement
✅ IRS Uses
✅Divorce/Litigation

Restricted Appraisal Report

The restricted report provides only a brief summary of the appraiser’s findings from the appraisal process.

It is limited in use only to the client (or other identified parties if named in the report). The report clearly states that no one else (not named in the report) is allowed to rely on it.

Restricted appraisal reports are best for situations in which minimal content for the support and rationale of the appraiser's opinions and conclusions is considered appropriate, such as; sibling/co-owner buyouts or pre-listing appraisals. In these cases, the client (or other parties named in the report) is mostly interested in just knowing the market value and does not require a detailed explanation of how it was developed.

These reports typically have lower fees and take slightly less time to complete

✅ Market Value
✅ Property inspection (appraisal inspection- not a home inspection).
✅ Very Basic
✅ Property Sketch/Measurement (Basic)
✅Divorce/Non-Litigation

Summary

The valuation process is the same for both reporting options, but the reporting format is different. An Appraisal Report includes a detailed analysis and explanation, while a Restricted Appraisal Report offers a brief summary with minimal explanation. However, all the necessary data and analysis is kept in the work file for both reporting options.

Not sure which report option is right for you? Please contact us and we would be happy to have that discussion.

Typical turnaround times are currently

Typical turnaround times are currently:

1-2 Weeks