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A certified residential appraiser can appraise any residential property with up to four units, regardless of value. However, they cannot appraise a commercial property.

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16y ago

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Can a certified residential appraiser appraise commercial vacant land?

No. A certified residential appraiser can contribute to the appraisal but it must be under the supervision of a certified general appraiser.


Can a state certified general appraiser appraise residential property?

A Certified General Appraiser may appraise any type of property, residential or commercial, in states where they are licensed, subject to their competence; both in the type of property and geography.


Is there a value limit to what a state certified residential appraiser can appraise?

Yes, there is a value limit for what a state-certified residential appraiser can appraise. Generally, certified residential appraisers are authorized to appraise residential properties up to a certain value, which varies by state but typically includes properties with a value of up to $1 million or more. For properties exceeding this limit, a certified general appraiser is usually required. It's essential for appraisers to be aware of their specific state regulations and any applicable federal guidelines.


Can a state certified residential appraiser appraise a 7-unit residential property?

A Certified Residential Appraiser CAN appraise a 7-unit residential property. There are several ways that it can be done. One example: If the 7-unit residential property sold for $1,000,000 but the transaction value is below $250,000 the Certified Residential can do the appraisal.


Can a residential appraiser also appraise small commercial properties If so up to what maximum value of property?

Yes, a residential appraiser can appraise small commercial properties, but this is typically limited by the appraiser's qualifications and state regulations. The maximum value for appraisal often varies by jurisdiction and the appraiser's level of licensing or certification. Generally, small commercial properties can be appraised by residential appraisers if the property's value falls within the limits established by local laws or if the appraiser has adequate experience and knowledge of commercial appraisal practices. It's important for appraisers to adhere to the relevant standards and guidelines.


Who can appraise commercial buildings?

Commercial real estate appraiser


Can a Certified Residential Appraiser go over 1000000?

Yes, a Certified Residential Appraiser can appraise properties valued over $1,000,000, but they must comply with specific regulations and may need to hold additional credentials, such as a Certified General Appraiser license, depending on state laws. The appraiser's expertise and the complexity of the property may also influence their ability to effectively evaluate higher-value properties. It's essential for appraisers to stay updated on local regulations and market conditions when handling such appraisals.


What is a Certified General Appraiser?

A Certified General Appraiser is a professional who has met specific educational and experience requirements established by regulatory authorities, allowing them to appraise a wide range of properties, including residential, commercial, and industrial real estate. This designation indicates that the appraiser has advanced knowledge of appraisal principles, practices, and regulations. Certified General Appraisers are often required to pass a rigorous examination and adhere to ethical standards set by organizations like the Appraisal Foundation. Their expertise is crucial for ensuring accurate property valuations in various contexts, such as sales, financing, and taxation.


How do you appraise residential lot?

I have an urban estate lot in N.C that I want to appraise and sell, can anyone instruct me on what I need to do?


Where can you find gun appraisaiers of guns in Columbus Ohio?

Check the phone book for local gun shops. They may be able to appraise, or refer you to an appraiser.


How do you appraise diamonds?

You take the stone to a certified diamond gemologist, who will weight the stone, calibrate its colour, assess its cut, and determine its clarity.


Is there an appraiser of gold coins in the VaBeach area that we can get for insurance purposes only and what would be his charge?

Call Virginia Beach Appraisers at (757)422-4411, they should be able to help appraise your coins.