How does Stafford Appraisals determine the value of my home?

How does Stafford Appraisals determine the value of my home?

The first step is to collect information on your home including size, condition, and overall quality as well as any amenities such as pools or outdoor kitchens. Stafford Appraisals then compares your home with other similar homes in your neighborhood that have recently sold. The appraiser will adjust for differences between the subject and comparable properties and perform an analysis of the market data to arrive at a range of possible values for your home. The final step is to reconcile the range of values into a single value. Stafford Appraisals uses weighted averages and their experience in the market to reconcile the range of values into a single opinion of value.

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