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What is the difference between an Appraisal and a Home Inspection?

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What is the difference between an Appraisal and a Home Inspection?

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The appraiser is NOT a home inspector. An inspection is a third-party evaluation of the structure and mechanical systems of the home.

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The appraiser is not a home inspector nor does he/she do a complete home inspection. An inspection is a third-party evaluation of the accessible structure and mechanical systems of a house, from the roof to the foundation. The standard home inspector’s report will include an evaluation of the condition of the home’s heating system, central air conditioning system (temperature permitting), interior plumbing and electrical systems; the roof, attic, and visible insulation; walls, ceilings, floors, windows and doors; the foundation, basement, and visible structure.

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The appraiser is not a home inspector nor does he/she do a complete home inspection. A home inspection is a third-party evaluation of the accessible structure and mechanical systems of a house, from the roof to the foundation. The standard home inspector’s report will include an evaluation of the condition of the home’s heating and cooling systems, the roof, attic, walls, ceilings, floors, doors and windows. It does not include the estimated value of the home.

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A residential real estate appraiser is not a home inspector, nor do they complete home inspections. A home inspection is a third-party evaluation of the accessible structure and mechanical systems of a house from the roof to the foundation. The standard home inspection report would include an evaluation of the condition of the: heating system, central air conditioning system (temperature permitting), interior plumbing, electrical systems; the roof, attic, and visible insulation; walls, ceilings, floors, windows, doors; and the foundation, basement, and visible structure.

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