{"id":234242,"date":"2024-04-24T18:29:51","date_gmt":"2024-04-24T18:29:51","guid":{"rendered":"https:\/\/namso-gen.co\/blog\/?p=234242"},"modified":"2024-04-24T18:29:51","modified_gmt":"2024-04-24T18:29:51","slug":"what-is-an-as-built-appraisal-2","status":"publish","type":"post","link":"https:\/\/namso-gen.co\/blog\/what-is-an-as-built-appraisal-2\/","title":{"rendered":"What is an as-built appraisal?"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_62 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/namso-gen.co\/blog\/what-is-an-as-built-appraisal-2\/#What_is_an_as-built_appraisal\" title=\"What is an as-built appraisal?\">What is an as-built appraisal?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/namso-gen.co\/blog\/what-is-an-as-built-appraisal-2\/#FAQs_about_as-built_appraisals\" title=\"FAQs about as-built appraisals:\">FAQs about as-built appraisals:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/namso-gen.co\/blog\/what-is-an-as-built-appraisal-2\/#1_How_does_an_as-built_appraisal_differ_from_a_traditional_appraisal\" title=\"1. How does an as-built appraisal differ from a traditional appraisal?\">1. How does an as-built appraisal differ from a traditional appraisal?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/namso-gen.co\/blog\/what-is-an-as-built-appraisal-2\/#2_When_is_an_as-built_appraisal_typically_requested\" title=\"2. When is an as-built appraisal typically requested?\">2. When is an as-built appraisal typically requested?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/namso-gen.co\/blog\/what-is-an-as-built-appraisal-2\/#3_Who_typically_requests_an_as-built_appraisal\" title=\"3. Who typically requests an as-built appraisal?\">3. Who typically requests an as-built appraisal?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/namso-gen.co\/blog\/what-is-an-as-built-appraisal-2\/#4_What_information_is_needed_for_an_as-built_appraisal\" title=\"4. What information is needed for an as-built appraisal?\">4. What information is needed for an as-built appraisal?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/namso-gen.co\/blog\/what-is-an-as-built-appraisal-2\/#5_How_long_does_an_as-built_appraisal_take\" title=\"5. How long does an as-built appraisal take?\">5. How long does an as-built appraisal take?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/namso-gen.co\/blog\/what-is-an-as-built-appraisal-2\/#6_How_much_does_an_as-built_appraisal_cost\" title=\"6. How much does an as-built appraisal cost?\">6. How much does an as-built appraisal cost?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/namso-gen.co\/blog\/what-is-an-as-built-appraisal-2\/#7_What_are_the_benefits_of_getting_an_as-built_appraisal\" title=\"7. What are the benefits of getting an as-built appraisal?\">7. What are the benefits of getting an as-built appraisal?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/namso-gen.co\/blog\/what-is-an-as-built-appraisal-2\/#8_Can_an_as-built_appraisal_be_used_for_loan_purposes\" title=\"8. Can an as-built appraisal be used for loan purposes?\">8. Can an as-built appraisal be used for loan purposes?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/namso-gen.co\/blog\/what-is-an-as-built-appraisal-2\/#9_How_often_should_an_as-built_appraisal_be_conducted\" title=\"9. How often should an as-built appraisal be conducted?\">9. How often should an as-built appraisal be conducted?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/namso-gen.co\/blog\/what-is-an-as-built-appraisal-2\/#10_What_happens_if_an_as-built_appraisal_comes_in_lower_than_expected\" title=\"10. What happens if an as-built appraisal comes in lower than expected?\">10. What happens if an as-built appraisal comes in lower than expected?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/namso-gen.co\/blog\/what-is-an-as-built-appraisal-2\/#11_Can_I_challenge_the_results_of_an_as-built_appraisal\" title=\"11. Can I challenge the results of an as-built appraisal?\">11. Can I challenge the results of an as-built appraisal?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/namso-gen.co\/blog\/what-is-an-as-built-appraisal-2\/#12_Are_there_any_risks_associated_with_not_getting_an_as-built_appraisal\" title=\"12. Are there any risks associated with not getting an as-built appraisal?\">12. Are there any risks associated with not getting an as-built appraisal?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_is_an_as-built_appraisal\"><\/span>What is an as-built appraisal?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>An as-built appraisal is a type of appraisal that is conducted after a building or property has been completed or significantly renovated. It is used to determine the value of the property based on its current condition, rather than its original design.<\/p>\n<p>As-built appraisals take into account any changes or upgrades that have been made to the property since the original appraisal was conducted. This can include additions, renovations, or other improvements that may have altered the property&#8217;s value.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"FAQs_about_as-built_appraisals\"><\/span>FAQs about as-built appraisals:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h3><span class=\"ez-toc-section\" id=\"1_How_does_an_as-built_appraisal_differ_from_a_traditional_appraisal\"><\/span>1. How does an as-built appraisal differ from a traditional appraisal?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nAn as-built appraisal differs from a traditional appraisal in that it takes into account any changes or modifications that have been made to the property since the original appraisal was conducted.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_When_is_an_as-built_appraisal_typically_requested\"><\/span>2. When is an as-built appraisal typically requested?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nAn as-built appraisal is typically requested when a property has undergone significant changes or renovations that may have increased its value.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_Who_typically_requests_an_as-built_appraisal\"><\/span>3. Who typically requests an as-built appraisal?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nAs-built appraisals are typically requested by property owners, developers, or lenders who want to determine the current value of a property.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"4_What_information_is_needed_for_an_as-built_appraisal\"><\/span>4. What information is needed for an as-built appraisal?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nFor an as-built appraisal, the appraiser will need information on the changes or renovations that have been made to the property, as well as any relevant permits or documentation.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"5_How_long_does_an_as-built_appraisal_take\"><\/span>5. How long does an as-built appraisal take?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nThe time it takes to complete an as-built appraisal can vary depending on the size and complexity of the property, but it typically takes a few weeks to complete.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"6_How_much_does_an_as-built_appraisal_cost\"><\/span>6. How much does an as-built appraisal cost?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nThe cost of an as-built appraisal can vary depending on the size and location of the property, as well as the complexity of the changes that have been made. Generally, they are more expensive than traditional appraisals.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"7_What_are_the_benefits_of_getting_an_as-built_appraisal\"><\/span>7. What are the benefits of getting an as-built appraisal?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nThe main benefit of getting an as-built appraisal is that it provides an accurate assessment of the property&#8217;s current value, taking into account any upgrades or changes that have been made.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"8_Can_an_as-built_appraisal_be_used_for_loan_purposes\"><\/span>8. Can an as-built appraisal be used for loan purposes?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nYes, an as-built appraisal can be used for loan purposes, especially when a property has undergone significant changes that may affect its value.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"9_How_often_should_an_as-built_appraisal_be_conducted\"><\/span>9. How often should an as-built appraisal be conducted?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nAn as-built appraisal should be conducted whenever significant changes or renovations have been made to a property, in order to ensure an accurate assessment of its value.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"10_What_happens_if_an_as-built_appraisal_comes_in_lower_than_expected\"><\/span>10. What happens if an as-built appraisal comes in lower than expected?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nIf an as-built appraisal comes in lower than expected, it may affect the property owner&#8217;s ability to refinance or secure a loan based on the property&#8217;s value.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"11_Can_I_challenge_the_results_of_an_as-built_appraisal\"><\/span>11. Can I challenge the results of an as-built appraisal?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nIf you believe that an as-built appraisal is not accurate, you may be able to challenge the results by providing additional information or documentation to support your claim.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"12_Are_there_any_risks_associated_with_not_getting_an_as-built_appraisal\"><\/span>12. Are there any risks associated with not getting an as-built appraisal?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nNot getting an as-built appraisal when significant changes have been made to a property can result in inaccurate valuations, which may affect loan approvals or future sales of the property.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>What is an as-built appraisal? An as-built appraisal is a type of appraisal that is conducted after a building or property has been completed or significantly renovated. It is used to determine the value of the property based on its current condition, rather than its original design. As-built appraisals take into account any changes or &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"What is an as-built appraisal?\" class=\"read-more button\" href=\"https:\/\/namso-gen.co\/blog\/what-is-an-as-built-appraisal-2\/#more-234242\">Read more<span class=\"screen-reader-text\">What is an as-built appraisal?<\/span><\/a><\/p>\n","protected":false},"author":58,"featured_media":107420,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86279],"tags":[],"class_list":["post-234242","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-learn","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What is an as-built appraisal?<\/title>\n<meta name=\"description\" content=\"What is an as-built appraisal? 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