Appraisal Review Services
Who We Are
Independent Review of Third-Party Appraisal Reports
When an appraisal is part of a dispute, hearing, or litigation matter, it’s often necessary to evaluate the credibility of the valuation conclusions. Schneider Valuation Consultants, Inc. provides impartial appraisal reviews focused on compliance with recognized valuation principles, the appropriateness of the analyses, and the reliability of the conclusions.
Our reviews are used in litigation support settings, assisting legal counsel to determine the credibility of the appraisal.
Focus Area
Our review services address several valuation issues, including accuracy, reasonableness, completeness, adequacy, and relevance. Each review examines whether the report’s appropriateness and whether or not the report is misleading. Ultimately the question often revolves around whether the value conclusions are reliable.
Engagements often include:
- Review of opposing party appraisals
- Evaluation of reports submitted in legal proceedings
- Internal reviews for appraisal reports prepared by a party’s own expert
- Reviews for methodology or compliance with professional appraisal standards
Each appraisal is prepared in accordance with professional appraisal standards, applicable regulations, and relevant code and case law.
Who We Work With
Appraisal reviews are prepared for stakeholders who need to understand the reliability and credibility of value conclusions prepared by others.
Attorneys and Counsel
SVC regularly works with legal counsel to provide review services as it relates to appraisals prepared by other parties.
Public Entities
Our reviews support agencies evaluating valuation reports submitted for dispute resolution.
Property Owners
Ownership reviewing consultant work or planning a response to a third-party report often retain Schneider Valuatoin Consultants, Inc. for an impartial review.
Other Experts
Other experts, including appraisal experts, benefit from a third-party review, particularly when multiple appraisals present conflicting conclusions.
Valuation Considerations
Our reviews focus on whether the appraisal meets recognized professional standards and whether its conclusions are credible. This includes evaluating whether the report presents a logical analysis, applies appropriate methodologies, and supports its conclusions with relevant market data. SVC also assesses whether the scope of work aligns with the stated purpose and whether the report adequately addresses the property rights, conditions, and assumptions that materially affect value. The result is a clear, structured opinion of the appraisal’s reliability, one that can inform decision makers on how to proceed with a particular matter.
Scope and Methodology
We examine the appropriateness of the analyses, the supporting data, and the alignment between the scope of work and conclusions.
Assumptions and Conditions
Key assumptions and conditions are reviewed and how they impact the valuation outcome.
Standards and Expectations
SVC considers appraisal best practices and expectations based on the litigation matter, jurisdiction, and use.
Communication
Real estate valuations can be complex. An experienced appraisal reviews can be beneficial to understand the appraisal process, with conclusions presented in a manner that can be easily understood.
Every assignment is approached with the goal of producing a clear, well-supported opinion of value that is suitable for its intended use.
