Answers to common questions about our appraisal services and process.
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Frequently Asked Questions
What is a real estate appraisal?
A real estate appraisal is an independent opinion of a property's market value developed by a licensed appraiser. Appraisals are based on a thorough analysis of the property, comparable sales, market conditions, and other factors that influence value.
What types of properties do you appraise?
We appraise a wide variety of residential property types, including single-family homes, condominiums, townhomes, manufactured homes, vacant land, waterfront properties, acreage, and multi-family properties. We also provide appraisal services for estate planning, divorce, tax appeals, pre-listing consultations, and litigation support.
What areas do you serve?
Engineered Appraisals primarily serves Western Washington, including Kitsap, Mason, Pierce, Thurston, Jefferson, Clallam, King, and surrounding counties. If your property is outside our primary service area, please contact us to discuss availability.
How long does an appraisal take?
Turnaround times vary depending on the property type and assignment complexity. Most residential appraisal reports are completed within 3–7 business days after the property inspection. Rush services may be available upon request.
How much does an appraisal cost?
Appraisal fees vary based on the property type, location, complexity, and intended use of the report. We provide transparent pricing and are happy to provide a custom quote before beginning any assignment.
What information do you need from me?
Typically, we will need the property address and the purpose of the appraisal. Depending on the assignment, additional documentation such as purchase agreements, surveys, plans, or legal documents may also be helpful.
How is the value of my property determined?
An appraisal considers many factors, including the property's size, condition, location, amenities, recent comparable sales, current market conditions, and other characteristics that buyers and sellers typically consider in the marketplace.
What is the difference between market value and assessed value?
Market value is an opinion of what a property would likely sell for under current market conditions. Assessed value is determined by the local assessor's office for property tax purposes and may not reflect current market value.
Can you help with a property tax appeal?
Yes. We provide independent appraisal reports that may help support a property tax appeal when there is evidence that the assessed value does not accurately reflect market value. We recommend reviewing your county's filing requirements and deadlines before beginning the process.
Do you offer rush or expedited appraisals?
Yes. Expedited service may be available depending on our current schedule and the complexity of the assignment. Please contact us to discuss your timeline.
Can I order an appraisal without a lender?
Absolutely. Many of our clients are homeowners, attorneys, real estate professionals, trustees, and executors who need an appraisal for reasons other than financing, including divorce, estate planning, tax appeals, listing decisions, and litigation support.
Are your appraisals accepted in court?
Yes. We regularly complete appraisals for legal matters, including divorce, estate and probate, tax appeals, and litigation. If expert witness testimony or additional court services are needed, please let us know when requesting your appraisal.
How do I schedule an appraisal?
Scheduling is simple. Contact us by phone, email, or through our online contact form. We'll discuss your needs, provide a quote, answer any questions, and coordinate a convenient inspection date if one is required.
