27/05/2026
Appraisal work is not only about estimating value; it is about taking responsible action based on facts, documents, inspection, market evidence, and professional judgment. Every property must be carefully verified, inspected, analyzed, and supported by reliable data before arriving at a credible opinion of value.
For every appraisal assignment, the proper course of action is to identify the purpose of valuation, secure complete documents, inspect the property, verify legal and physical conditions, gather market data, apply the appropriate valuation approaches, and prepare a professional appraisal report. This ensures that the conclusion is not based on guesswork, but on due diligence, competence, and sound valuation principles.
In real estate appraisal, value must always be supported by evidence. Action must be guided by standards. Judgment must be anchored on facts.