What is A QUICK VALUE Desktop Appraisal?

As the name suggests, our desktop appraisals are conducted in-office without a site visit to the subject property. This streamlined process allows us to provide a quicker turnaround time and reduce costs while maintaining the same level of research and methodology used in full appraisals. In fact, the report format remains identical. While we do not offer desktop reports for commercial appraisals, we can provide limited scope reports to further reduce costs.

WHEN TO CONSIDER A DESKTOP APPRAISAL

A desktop appraisal is an ideal option when the following criteria are met:

• The assignment and appraisal are considered "non-complex."

• The results will not be used for highly sensitive or legal matters.

• Sufficient comparable sales and market data are readily available for the subject property.

• You can provide accurate and up-to-date information about the subject property to the appraiser.

REPORT ACCURACY AND DATA SOURCES

Our desktop appraisals are highly accurate as long as the data provided is true and correct. Instead of the appraiser gathering property specifics in person, we rely on third-party information, which can be submitted by homeowners, realtors, builders, or clients themselves. The appraiser then utilizes various online resources, including free and subscription-based services, to access data such as tax records, sale history, flood zoning, and more.

With the abundance of online resources available to appraisers today, there is less need for physical property visits. Detailed property information, tax records, sales history, aerial maps, and topographical maps can all be accessed online, empowering our appraisers to perform accurate assessments without leaving the office.

WHAT'S INCLUDED IN A QUICK VALUE DESKTOP APPRAISAL

Our Quick Value desktop appraisal reports contain valuable information to support your property valuation, including:

• Market research and trends addendum

• Sales comparison of 3-6 properties in the market

• Line item adjustments and photos of comparables

• Final reconciliation of value based on sales (income and cost approaches available)

• Subject and comparable property location maps

• Subject aerial map

• Flood zone determination and mapping

• Plat map (if available)

• Appraiser's signature

IS A DESKTOP APPRAISAL RIGHT FOR YOU?

Our express appraisals offer superior accuracy compared to online appraisal services, at half the cost of a full appraisal. Conducted by experienced residential appraisers, our desktop appraisals are favored by realtors who include them in open house information packets. Investors and clients seeking to renovate properties also benefit from our desktop appraisals, which help determine the "after repair value" before embarking on any updates.

It's important to note that a desktop appraisal is not suitable when the size of the home is in question, as an appraiser must physically measure the structure(s). Additionally, if the property has extensive damages that may not be fully understood through photographs, we recommend an alternative appraisal approach.

Choose Titan Consulting for your Quick Value Desktop Appraisal needs and experience fast, reliable, and cost-effective property valuation services. Contact us today to get started.