RESIDENTIAL APPRAISAL

Here are the top 7 reasons why New Yorkers order appraisals from The REIS Group:

  • To get a pre-listing residential appraisal (whether they’re selling the home themselves or using an agent).
  • Challenge property tax assessments.
  • To cut their mortgage payment by removing PMI.
  • To reinstate your Home Equity Line of Credit (HELOC).
  • Review a different appraiser’s report for verification.
  • In the case of a divorce in the state of New York, when real estate property needs to be divided.
  • To settle an estate in New York County or New York by determining the true market value of the property in question

Real Estate Appraisal

CO-OP / CONDO

Residential Units
Professional Units
Hotel Units
Commercial Units
Rent Controlled
Income Restricted
Parking Spaces
Combined Units
Separate Rooms
Maid-Servant
Storage Areas

COMMON AREAS

Hallways
Terrace / Balcony
Roof Improved/Unimproved
Basement
Airshaft
Share Allocations
Condo Licensing
Common Charge Alternatives
Air Rights / Roof Rights
Courtyard
Lot Line Windows
All Interior & Exterior Space

COMMERCIAL APPRAISAL

Multi-Unit
Mixed-Use
Land / Sites
Retail / Office
Hotel / Motel
Church / School
Gas Station / Car Wash
Garage / Parking Lot
Health Club
Golf Course
Leased Value
Hospitals
Municipal Buildings
Highest & Best Use

TOWN-HOUSES

1-4 Family
Single Family