A real estate appraisal is a service performed, by an appraiser, that develops an opinion of value based upon the highest and best use of real property. The highest and best use is that use which produces the highest possible value for the property. This use must be profitable and probable. Also of importance is the definition of the type of value being developed and this must be included in the appraisal, ie fair market value, condemnation value, quick sale value, etc. The most common type of value sought being the fair market value.

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Property Taxes - Home Appraisals
Reduce property taxes by comparing house values online for property tax appeals or other financial reasons. Obtain sold data for home appraisals, accurate do-it-yourself workbook to reduce your tax assessment.

Real Estate Appraisal Articles:

How To Avoid Pitfalls In The Sale Of Your Home
With todays rapidly rising sellers market, six-month-old information is ancient history. Appraised value does not always equal the true market value, or what the home will sell for on the open market.

Real Estate Appraisal - Income Properties
Real estate appraisal for rental properties isn't the same as for single family homes. Therefore, a market analysis using comparable sales isn't normally used.