Condominium Appraisal – Form 1073

Determining the value of a condominium requires a specialized approach. At Wilson Appraisal, we provide professional appraisals using the Condominium Individual Unit Appraisal Report (Form 1073) to deliver accurate and reliable valuations tailored to your property.

What is a Form 1073 Appraisal?

The Form 1073 appraisal is designed to evaluate individual condominium units. Unlike traditional single-family appraisals, this format considers unique factors such as the unit’s location within the complex, association fees, and shared amenities.

How We Determine Value

Our appraisers take a comprehensive approach to ensure an accurate valuation, including:

• Market Analysis: Evaluate comparable sales within the condominium complex and nearby areas.
• Property Features: Assess the unit’s size, layout, upgrades, and condition.
• Community Amenities: Consider shared facilities such as pools, gyms, and parking.
• HOA Review: Analyze association fees, rules, and their impact on value.

The Appraisal Process

1. On-Site Inspection: Visit the condominium to measure, photograph, and evaluate the unit.
2. Data Collection: Gather legal and market data, including recent sales and trends.
3. Detailed Report: Provide a professional appraisal tailored to lenders, buyers, or personal use.

Ideal for:

• Refinancing or obtaining a mortgage
• Selling your condominium
• Legal matters such as divorce or estate planning

Why Choose Wilson Appraisal?

With extensive experience in appraising condominiums, Wilson Appraisal offers dependable results backed by detailed research and market expertise. We understand the unique factors that affect condo values and provide appraisals you can trust.

Contact Wilson Appraisal today to schedule your Condominium Appraisal – Form 1073!