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Questions to Ask Appraisers

Appraisals are required in a variety of industries, from auctions to real estate to antique cars. These professionals have many years of experience under their belts and can easily assess what the true value is of a particular object or piece of property. Whether needed for a historic district home for tax purposes, or for a piece of jewelry such as a diamond ring, you can get appraisals quite easily. Some you seek out on your own, such as antique autos, for instance, to determine the value of what you own in case you want to sell it. Other times, it’s mandated by law, such as in the process of buying a home in a particular district. House management, artwork, insurance, and collectibles are just a few of the areas that may require the expertise of an appraiser. But before you hire one to assess your property, you should know a few pertinent questions to ask.

  • What type of appraisals do you specialize in?
    You’ll find that many appraisers have specialties; one may work for an insurance firm, while another may focus on commercial land sales. Still others work in the antique car and collectible business, providing market value analysis for private buyers.

  • Do you offer appraisal certificates that verify the value you have stated?
    Any appraiser worth his salt will provide a certificate attesting to the value of the item in question, many times for tax purposes. It’s important to choose a reputable appraiser to be sure the certificate is credible and authentic.

  • Do you offer online appraisals?
    Many sites these days allow you to submit a photo of your item and receive an appraisal virtually. You may have to register and sign up for an account first.
  • AppraiserSearch.com
    For all of your real estate needs, call our local Lexington area appraisers to get the best value on any type of property. Providing the top services in the area with our real estate appraisers in Lexington.
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    Constructiondeal.com
    Need to find appraisers in Lexington? Get 4 Quotes today – at No Cost – and Save Money! Fast, Free & Easy Service Saves Time

    "beyond overall....qualities and quote ratings are wonderful and great...will continue exploring for me details and business... ..."
    1 review: *****
    Write review for this local business

    STANDARD LISTINGS:   APPRAISERS IN/NEAR LEXINGTON
    Ln Appraisal Services, Llc Write review for this local business
    1051 Johnson Rd, Frankfort, KY 40601
    (502) 352-8308  
    Certified Appraisal for Aircraft, Business, Commercial Farm, Equine, Industrial, Medical, Mining & Oil/Gas. Licensed in all 50 states & Australia, Ireland, & UK, CMEA, PH.D, ABD, MBA, Auctioneer.
    Real Estate Solutions Write review for this local business
    1470 Woodland Lane, New Richmond, OH 45157
    (513) 407-0504  
    Real estate appraisals for you in regards to property tax, estate, bankruptcy, loans and bonds. We also deal with insurance and expert witnesses. Our appraisers are experts in the business.
    Nussbaum Antiques
    1 review: *****
    2036 Frankfort Ave, Louisville, KY 40206
    (502) 894-9292 Write review for this local business

    "My family hired Nussbaum for a large estate sale. He refused to allow us to be present, and we foolishly agreed. When he delivered the proceeds months after they were due, it was apparent that he did not forward the money for many of the items that were sold. I could go on, but this was the worst part. This posting is to warn others, so this does not happen to them. ( I can't remember the ..."
    Abbott Appraisal Company Write review for this local business
    760 Abbott Rd, Lexington, KY 40502
    (859) 278-3055  
    Wilcox Appraisal Service Write review for this local business
    1013 Slashes Rd, Lexington, KY 40502
    (859) 271-0277  
    Appraisal Associates Write review for this local business
    3499 Lansdowne Dr, Lexington, KY 40517
    (859) 273-6552  
    Bailey Appraisal Service Write review for this local business
    3101 Kirklevington Dr Apt 204, Lexington, KY 40517
    (859) 254-7766  
    McCann LLC Write review for this local business
    Lexington, KY 40582
    (859) 299-9946  
    Atlantic Appraisal Co In Write review for this local business
    2355 Huguenard Dr Ste 202, Lexington, KY 40503
    (859) 273-2060  
    Lollis Wayne Real Estate Company Write review for this local business
    263 W Short St, Lexington, KY 40507
    (859) 252-3129  
    Property Damage Appraisers Write review for this local business
    Lexington, KY 40582
    (859) 254-3909  
    Brent Hollis Appraisal Write review for this local business
    2355 Huguenard Dr, Lexington, KY 40503
    (859) 273-7211  
    Lexington Lexington Appraisal Firm Write review for this local business
    271 W Short St Ste 308, Lexington, KY 40507
    (859) 253-1022  
    Galloway Appraisal Lexington Write review for this local business
    1910 Harrodsburg Rd Ste 101, Lexington, KY 40503
    (859) 255-6177  
    Kirkpatrick & Company Write review for this local business
    535 W Second St Ste 104, Lexington, KY 40508
    (859) 231-8444  
    Lawrence Wilson Appraising Write review for this local business
    Lexington, KY 40582
    (859) 268-0305  
    Accuval Associates Write review for this local business
    Lexington, KY 40582
    (859) 368-8200  
    Halley Appraisal Service Write review for this local business
    Lexington, KY 40582
    (859) 373-0468  
    Lexington Appraisal Firm Write review for this local business
    271 W Short St Ste 300, Lexington, KY 40507
    (859) 273-2938  
    Lexington Appraisal Firm Write review for this local business
    271 W Short St Ste 308, Lexington, KY 40507
    (859) 253-0999  
    Maury Residential Appraisals Write review for this local business
    Lexington, KY 40582
    (859) 335-6620  
    Berkley Appraisal Company Write review for this local business
    366 Waller Ave Ste 203, Lexington, KY 40504
    (859) 276-2278  
    Before You Buy Auto Inspections Write review for this local business
    780 Winchester Rd, Lexington, KY 40505
    (859) 252-6292  

    Appraisers are able to assess the value of an object by comparing it to others like it. Whether it is a home, a work of art or a piece of jewelry, an appraisal will assign it a value based on the cost of similar items which have successfully sold in a similar market recently. In so doing, they will be able to gauge the replacement cost of property for insurance purposes, set a tax value for a district, or set a starting price at an auction house. While appraisers use a mathematical methodology, it is worth mentioning that the value on a certificate of appraisal represents the estimated commercial value of a property or antique, and the price it fetches during a sale may be higher or lower based on market conditions.

    Most appraisers are specialized in their work. Those who do appraisals on homes, land, or business real estate will not offer appraisals on cars or other collectibles. This is because an appraisal requires a great deal of expertise in the current marketplace, the history of the items, as well a license to practice, in some instances. Real estate appraisers, whether working for tax districts or management firms, must complete as many as 90 hours of coursework to receive their licenses. Classic auto appraisers must be able to accurately weigh the condition of the vehicle against its scarcity and the current market interest to set a price. Those whose domain of expertise includes diamonds or antiques will often be students of history and will have apprenticed with leading auction houses to learn their trade.

    By assigning a value on hard to price items, appraisers help to ensure that sellers and insurance policy holders are properly compensated for their property.



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