The Appraiser shall provide a thorough and accurate appraisal report compliant with the Uniform Standards of Professional Appraisal Practice (USPAP). The Appraiser is to establish an opinion of the subject properties market value based on recent and comparable sales, market conditions, and other relevant factors. In the scope of this assignment, the appraiser must: Conduct a thorough inspection of the subject properties, including the interior, exterior and surrounding environment. Document the properties condition, features, and any notable characteristics affecting its value. Research and analyze recent sales of comparable properties within the local market. Evaluate current market conditions and trends impacting the property’s value. Gather relevant data on the subject properties, including property tax records, zoning information, and historical sales data. Collect data on comparable properties, including sale prices, property characteristics and dates of sale. Apply appropriate valuation methods, including the Sales Comparison Approach, Cost Approach, and Income Approach, as applicable. Reconcile the results of the different valuation methods to arrive at a final opinion of value. Prepare a comprehensive appraisal report detailing the inspection findings, market analysis, data collection, and valuation methodologies. Ensure the report complies with USPAP guidelines and any specific requirements of DNR, NLD or other regulatory bodies. Be certified and licensed in New Mexico, Arizona, and Colorado states.
