Here you will find articles about appraisal. You can read about how, when and why appraisal is carried out. You can also read about results of appraisal such as value zones, value levels, appraised value and certificate of appraised value.
Appraisal is usually done for all properties in a specific category at the same time (mass appraisal). Normally the sales comparison method is used.
Appraisal is carried out with the aim to determine an appraised value that reflects the market value.