Many property owners and other clients are requesting valuation services that do not involve a full traditional appraisal on an increasing basis. There are several different ways to determine value using limited-scope or non-traditional analysis, and these alternate valuation services can have many benefits.
At Allstate Appraisal, we want to find the valuation solutions that work for each client and their unique situation, so we are happy to offer various types of alternate valuation services. These might be the right choice when a traditional full appraisal is impractical or unnecessary, which might be the case for the following:
In these situations, it might benefit you to reduce the costs of an appraisal and return conclusions in a shorter period of time than a full appraisal.
The following are some examples of alternate valuation services provided by our professionals at Allstate Appraisal.
This is a limited scope appraisal that is conducted by a licensed appraiser, though there is no need for the appraiser to physically inspect the property.
This service involves a combination of a home inspector’s physical inspection along with a third-party report driven by algorithms to provide opinions on value.
AVM uses a database and mathematical modeling to provide an estimate of point of value for a property. Some databases include the Home Value Explorer by Freddie Mac and AVM cascades that allow us to choose from a number of the leading AVMs.
This allows us to make sure the property in question is in a condition that is typical for the specific neighborhood, and this type of valuation is often important after a long vacancy or a disaster. We can use external images combined with AVMs or other valuation options.
This is a report prepared by an appraiser that is based on their professional expertise and opinion and can utilize exterior images, neighborhood research, and comparable properties in the area.
We know you have options when it comes to appraisals and alternate valuation services. Allstate Appraisal has been providing national valuation and review services for over 60 years. Our mission is to always meet the highest standard by providing timely, compliant, and credible valuation services to each client, whether you need traditional or non-traditional services. We assist many types of clients, including private individuals, insurance companies, lenders, government agencies, and more with both residential and commercial appraisals and valuations. When you need an appraisal you can rely on, you should not wait to call our team.
At Allstate Appraisal, our team finds solutions that meet the unique needs of each and every client. If you believe you need alternate valuation services, look no further than our appraisal professionals. Contact us today to discuss how we can assist with your appraisal needs.
If you have a question or would like to place an order for an Appraisal or Review, please fill out the form below. Once you’ve submitted your order, someone from our office will contact you within 1 business day to confirm your order or answer any questions.