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A Certified Residential Appraiser CAN appraise a 7-unit residential property. There are several ways that it can be done. One example: If the 7-unit residential property sold for $1,000,000 but the transaction value is below $250,000 the Certified Residential can do the appraisal.

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14y ago
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6mo ago

Yes, a state certified residential appraiser can appraise a 7-unit residential property. However, there may be additional considerations and expertise required for appraising multi-unit properties, such as analyzing the income and expenses of the property to determine its value. It is recommended to choose an appraiser with experience in appraising multi-unit properties to ensure an accurate assessment.

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Q: Can a state certified residential appraiser appraise a 7-unit residential property?
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