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Can Appraiser Appraise His/her Own House?

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pauljiang

Freshman Member
Joined
May 7, 2007
Professional Status
Appraiser Trainee
State
New York
I have done many taxes grievance purpose reports for my client. But not sure if I can write up one for my own house. Thank you.
 

Meandering

Elite Member
Joined
Feb 26, 2006
Professional Status
Real Estate Agent or Broker
State
Pennsylvania
You have to disclose you have a vested interest in the outcome. You have to disclose your bias.

And just because you can write something, doesn't mean you should.

Take your own advice, and hire a professional, who is unbiased.

.
 

JTip

Elite Member
Joined
Oct 12, 2004
Professional Status
Certified Residential Appraiser
State
Pennsylvania
You don't need an appraisal. Just provide well documented comparable properties.

I got my property reduced by nearly 20% by simply providing good data and representing myself.
 

DWiley

Elite Member
Joined
Apr 4, 2007
Professional Status
Certified Residential Appraiser
State
Tennessee
In my state, and in many other states, any property owner is allowed to opine about the value of his/her own personal home. Putting that in the context of AO-21, in such a situation I would clarify that I was appearing before the tax board as a home owner and not as an appraiser.
 

Mark K

Elite Member
Joined
Jan 27, 2004
Professional Status
Certified Residential Appraiser
State
Indiana
I have done many taxes grievance purpose reports for my client. But not sure if I can write up one for my own house. Thank you.

As long as you don't sign a certification page that states you have no interest in the property. But then, an appraisal requires a certification page, so...NO.

Nothing is stopping you from collecting data on similar homes and summarizing the data for them to compare to your property, as others stated. Just don't call it an appraisal.

Its not complicated, at least in this state. You go in and say "you have my house assessed at $225,000. Here are the property record cards of houses in my area that are very similar to mine and you have them assessed at $175K. Please explain the difference?"
 

Mike Garrett RAA

Elite Member
Gold Supporting Member
Joined
Jan 14, 2002
Professional Status
Certified Residential Appraiser
State
Colorado
I concur... just don't call it an appraisal. It's ok to let the county know you are an appraiser which will probably work to your advantage.
 

Vermonter

Senior Member
Joined
Mar 21, 2007
Professional Status
Certified Residential Appraiser
State
Vermont
I have done many taxes grievance purpose reports for my client. But not sure if I can write up one for my own house. Thank you.

I do it every few years. I'm sure it's different everywhere, but around here they only care about errors. I can usually point out errors with my assessment or errors with the comps their mass appraisal software spits out. That's the only way I've had success.
 

gregb

Elite Member
Joined
Sep 3, 2011
Professional Status
Certified General Appraiser
State
California
In my state, and in many other states, any property owner is allowed to opine about the value of his/her own personal home. Putting that in the context of AO-21, in such a situation I would clarify that I was appearing before the tax board as a home owner and not as an appraiser.

And that the report submitted is to be considered only as a draft report. :)
 

Howard Klahr

Senior Member
Joined
Oct 4, 2004
Professional Status
Certified General Appraiser
State
Florida
not sure if I can write up one for my own house.
I wouldn't use a report for that purpose, but no reason you can represent yourself in an appeal on your own property.

But then, an appraisal requires a certification page, so...NO.
So why can someone use a certification that discloses their interest in the property? What would be wrong with that?
 

AMF13

Elite Member
Joined
Jan 24, 2002
Professional Status
Certified Residential Appraiser
State
California
What if I do the appraisal for my own personal use?
I can say my house was appraised over $1,000,000. :dancefool:
Never mind the top end for Reseda is about $700k. :leeann2:
 
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