Glossary of Terms

Desktop Appraisal

A desktop appraisal, also known as a desktop valuation or desktop assessment, is a method of property valuation that is conducted without physically inspecting the property. Instead of visiting the property in person, the appraiser relies on various data sources and information to determine an estimated value.

In a desktop appraisal, the appraiser typically utilizes information such as property records, public data, comparable sales data, photographs, and sometimes even satellite imagery or virtual tours. They analyze these details and apply their expertise to assess the property's value based on the available information.