Knowing What a House is Worth: Examining the Real Estate Appraisal Market

The Global Real Estate Appraisal Market is expected to grow at a healthy CAGR during the forecast period. The U.S. Real Estate Appraisal Market was valued at USD 7.6 billion in 2020.
Knowing what a house is worth involves navigating the multidimensional landscape of the real estate appraisal market. As we unravel the layers of this process, it becomes evident that appraising a home is not just a numerical exercise—it's an intricate dance that harmonizes location, precision, and market reflection. The real estate appraisal market is the compass that guides homeowners, buyers, and investors in understanding the true worth of a property in the ever-evolving landscape of real estate.