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Kingston Residential Appraisals

Kingston Residential Appraisals

A residential appraisal determines the market value of a property and is equally beneficial for sellers, buyers, and lenders. This independent assessment of the property is done by a licensed Kingston appraiser who will consider a range of factors. For example, the size, age, and condition of the property are very important for this analysis. Similarly, the location and features of the home can make a significant impact on the final estimate of value.

Purpose of a Residential Appraisal:

Appraisal for First or Second Mortgage Financing

Appraisal for Wills and Estate

Matrimonial Appraisals in Kingston

Appraisals for Developments

Appraisals for Capital Gains and or Tax Purposes

Appraisals for Power of Sale or Foreclosure

Appraisals for Investments Properties (4 units or less).

Difference between Residential Appraisals and Home Inspections

Home inspections are conducted to find out the repairing jobs that are needed by the buyer before purchasing the property. The buyer will choose the home inspector of his/her choice and will pay for the services.

On the other hand, the sole purpose of a residential appraisal is to determine the market value of the property. The appraiser should be completely independent and must give an unbiased report to ensure accuracy.

What are the Important Features that Kingston Appraisers Look for?

Things, like furniture and electronic appliances, won’t make any difference to the appraised value of a property. This is because the seller might take them away while leaving the house. Therefore, appraisers only consider the structure of the home and the sale prices of comparable properties while calculating its value. Some of the most important characteristics are as follows:

  • Lot size
  • Number of bedrooms and bathrooms
  • Garage and driveway
  • Condition (interior and exterior)
  • Home improvements, upgrades, and additions
  • Flooring
  • Heating/cooling system and more

Cost of House Appraisals in Kingston

In order to request a quote or order an appraisal please click here.

Areas of Coverage:

We service Kingston, Cornwall, Cobourg, Belleville, Brockville, Prince Edward, Wolfe and Amherst Island and all surrounding areas near Kingston.

Contact Us For All of Your Appraisal Needs

A team of designated professionals ready to serve you Canada wide with accurate appraisals and quality services