What are the step in the appraisal process?

  • Step 1: Define the Appraisal Problem. …
  • Step 2: Determine the Scope of Work. …
  • Step 3: Analyze the Property’s Use, Select Most Appropriate Market,
  • Step 4: Collect and Analyze Data, Apply Most Appropriate.
  • Step 5: Analyze Subject Property Listings or Prior Sales.