Are there published standards that appraisers use to determine the value of a St. Simons Island home or Sea Island property?
Appraisers use several factors when estimating a home’s value, including the home’s size and square footage, the condition of the home and neighborhood, comparable local sales, any pertinent historical information, sales performance and indices that forecast future value. For detailed information on appraisal standards, contact the Appraisal Institute at 875 N. Michigan Ave., Suite 2400, Chicago, IL 60611-1980; (312) 335-4458.
Related Questions
- Are there published standards that appraisers use to determine the value of a St. Simons Island home or Sea Island property?
- What other contingencies should I put in an offer for a St. Simons Island, Sea Island or Brunswick Georgia home?
- What determines the price of a home in the St. Simons Island Georgia, Brunswick Georgia and Sea Island areas?
