Property Valuation
A 'drive-by' appraisal (exterior-only inspection) in New Hampshire provides:
AThe same reliability as a full interior appraisal
BLimited reliability because the appraiser cannot observe interior condition✓ Correct
COnly a zoning analysis
DA certified opinion of value for mortgage purposes
Explanation
Exterior-only or 'drive-by' appraisals have limitations because the appraiser cannot observe interior condition, making them less reliable than full interior inspections. They may be used for low-risk loan decisions but have caveats.
Related New Hampshire Property Valuation Questions
- A NH appraiser estimating the value of a new medical office building would most likely use which appraisal approach as primary?
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