Robin welcomes your inquiry:
Robin.Gross@FaFa.ws or 816.221.2727
APPRAISAL REPORT CONTENTS
Properly prepared appraisals are written reports which comply with Uniform Standards of Professional Appraisal Practice (USPAP). They are based upon established appraisal principles, theories, practice methods, and code of ethics.
They are legal documents prepared for Clients which can include individuals, courts, institutions, businesses, and other intended users. They involve more than simply listing property and attaching ‘guestimates’ of value.
The content and format of each appraisal report varies according to the specific assignment. To meet the American Society of Appraisers standards, the Appraisal Report should contain the following information:
Table of Contents
Assignment and Scope of Work
Subject Property Description
Market Analysis and Valuation Conclusion
Sources of Data and Authorities Cited
Reports pepared in compliance with IRS specifications are more extensive.