An appraisal is an independent expert’s written opinion of the value of a property or item. Appraisals may be used for real estate, businesses, jewelry or equipment, among other things. Appraisals may be helpful in estate planning to determine asset values for tax, gifting or division purposes

An appraisal is an assessment of the fair market value of a property, business, antique, or even a collectible. Appraisals are used to estimate the value of items that are infrequently traded, and are unique. The authorized appraiser must have a designation from a regulatory body governing the jurisdiction of the appraiser.

An appraisal is a written document that shows an opinion of how much a property is worth. The appraisal gives you useful information about the property. It describes what makes it valuable and may show how it compares to other properties in the neighborhood.