Home Inspection vs. Appraisal: What Each Report Tells You
December 31, 2022
An inspection investigates condition; an appraisal develops a value opinion. Buyers may need both, and neither report substitutes for the other.
Virginia Beach Appraisal Blog: 2022
Explore home appraisal guides originally published in 2022, covering comparable sales, home measurement, appraisal scope, and valuation reports.
By Joe Ellington, Licensed Residential Appraiser at Capital Valuations.
Articles appear newest first by their original publication date. Some guides have been updated since publication; dated market reports are historical reading.
Browse by year: 2026 · 2024 · 2023 · 2022
Browse articles by topic
Extraordinary Assumptions in Appraisals: What They Mean
December 30, 2022
An extraordinary assumption addresses an uncertain assignment fact that could affect value if false. Learn how it differs from a hypothetical condition.
Home Appraisal Agent: Who Should You Hire to Value Your Home?
December 30, 2022
Looking for a home appraisal agent? Joe Ellington explains how to choose a residential appraiser, who orders the report, and what to ask before hiring.
Types of Home Appraisals: Purpose, Date, and Inspection Scope
December 29, 2022
Compare traditional, exterior, desktop, hybrid, retrospective, and follow-up appraisal assignments—and match the report to the client’s actual decision.
NCRC Appraisal Bias Study: An Update on the Full Results
November 10, 2022
An update to our November 2022 article on NCRC’s appraisal study, with the complete reported results, follow-up reporting, cited sources, and Joey Ellington’s perspective on independent, market-supported appraisals.
Was a 2023 Recession Inevitable? An Archived Homeowner Guide
November 6, 2022
This archived 2022 article revisits the 2023 recession forecast question and explains why local sales matter more than a national prediction.
Why the 2022 Housing Market Was Different From 2008
November 2, 2022
This historical 2022 comparison explores mortgage credit, rates, and local sales without predicting the current market.
How Appraisers Choose Comparable Sales
November 1, 2022
Learn how appraisers choose comparable sales by location, condition, size, timing, and sale terms, with practical Hampton Roads examples.
External Obsolescence & Home Value
November 1, 2022
External obsolescence comes from outside the property. Joe Ellington explains how highways, aircraft noise, neighboring activity, and comparable sales affect an appraisal.
What Is a CMA? Comparing a CMA and Appraisal
October 31, 2022
A CMA helps with listing and offer decisions; an appraisal answers a defined value question for a specified client and date.
Why Appraisers Adopted ANSI Home Measurement Standards
October 29, 2022
The ANSI Z765-2021 measurement shift helps explain why an appraisal square-footage figure may differ from an MLS listing or tax record. Here is what changed.
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