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Residential Appraiser

Job Summary

Determines the monetary value of merchandise, property, or business assets for a company, including real estate and other assets.

Primary Responsibilities

  • Perform detailed inspections on property to determine value, factoring in dates, quality, and age of property.
  • Inspect for faulty plumbing, windows, and cracked or sagging foundation.
  • Check roofs for leaks and sustainability.
  • Use data such as incorporating cost, market and income approaches to property valuation.
  • Produce written appraisals for clients, government agencies, or companies
  • Compile research in detailed reports
  • Correctly identify discrepancies between the property’s description and its actual state.
  • Demonstrate ability to analyze a problem coherently and provide precautionary advice before a purchase
  • Work on a client-to-client basis, making appraisals for a variety of reasons.
  • Examine additions to house or building to determine updated value.
  • Recommend repairs and estimate the cost of repairs.
  • Compare value of house to comparative homes to determine appraisal value.
  • Recommend if house is suitable for purchase or if demolition is an appropriate action.
  • Work with the city to determine property lines and whether existing structures can be expanded.