RE: Appraisal

Can you have an appraisal updated or do you have to a get new one?

Comments(1)

  • ddstew19th October, 2010

    An appraisal is a valuation of real estate based on a snapshot in time of recent sales for similar properties. So, the simple answer is probably no, as the properties have changed to be compared, therefore it must be redone to be accurate. Part of the appraisal, your property should not be any different, so some of the work may be already done, which might result in a reduction of the cost if the same company is used again. Never hurts to ask!!!

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