what appraisal means - Search
  1. Dictionary

    ap·prais·al
    [əˈprāz(ə)l]
    noun
    appraisal (noun) · appraisals (plural noun)
    1. an act of assessing something or someone:
      "the report has been subject to appraisal" · "treatment begins with a thorough appraisal of the patient's condition"
      • an expert estimate of the value of something:
        "the final figure is just a little more than triple the appraisal"
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  2. People also ask
    What does appraisal mean?: the estimation of the value of real estate for the purpose of taxation, sale, or securing a mortgage : the estimation of the value of damage done to property for the purpose of adjusting an insurance claim Nglish: Translation of appraisal for Spanish Speakers Britannica English: Translation of appraisal for Arabic Speakers Love words?
    How does a home appraisal work?Let's break down how it works: 1.**Purpose of Appraisal**: - When sellers and buyers agree on a home price, it's not final until an appraiser provides an evaluation of the home's value. - The appraiser
    Includes AI generated content
    What is a property appraisal?The meaning of appraisal is the estimation of a property’s value, completed by a professional. This is the broadest definition. If you want to be a property appraiser, you need a bit more information than that, so let’s take a closer look. In this article, you’ll find answers to the following questions and more: What is an appraisal?
    What is an appraisal & why is it important?An appraisal is best defined as an expert’s estimate of the value of “something.” Within the context of business and finance, that “something” is usually an asset (or a group of assets). Examples of assets that can be appraised include, but are not limited to:
     
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