What is included in a Fourplex Appraisal?
Find out what your fourplex is worth.
This typically includes an evaluation of several factors related to the property. Here are some elements commonly included:
Property Inspection
Comparable Sales Analysis
Rental Income Analysis
Operating Expenses
Market Analysis
Value
Using data, analysis, and experience, we provide the expected market value of your home.
Location
This is often considered the most critical factor in determining a property’s value.
Condition and Quality
The physical condition and quality of construction are important considerations this includes assessing the age of the property, the materials used in construction, the overall maintenance and upkeep, as well as any recent renovations or upgrades that may have been done.
Comps
Comparable sales, or “comps,” refer to recent sales of similar duplex properties in the same or similar neighborhoods. We analyze these comparable properties to determine a fair market value for the subject property based on factors such as size, age, condition, and location.
Our Proven Fourplex Appraisal Process
Find out what your house is worth.
Our specific process is unique as we approach appraisals by blending the artistry of perception with the precision of data analysis. By integrating aesthetic evaluation with robust data-driven methodologies, we provide comprehensive and accurate assessments of property value. This harmonious fusion allows us to capture both the tangible features and intangible qualities that contribute to a property’s worth.
