Property Valuation
A West Virginia appraiser is asked to do a 'desk review' appraisal. This means the reviewer:
AVisits the property and reviews all comparable sales
BReviews the appraisal report without visiting the property✓ Correct
CConducts a full new appraisal to verify the original
DUses only automated valuation models
Explanation
A desk review (or paper review) involves reviewing an existing appraisal report for accuracy and compliance without conducting a new property inspection. A field review adds a drive-by inspection of the subject and comparables.
Related West Virginia Property Valuation Questions
- An appraiser valuing a Charleston, WV single-family residence would most likely use which primary appraisal approach?
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