Property appraisals vs valuations: What's the difference?
Property appraisals vs valuations: What's the difference?
Mar 11, 2021
lendi.com.au
3 types of property valuations — and the difference between unlocking equity… or getting stuck. Here’s the breakdown 👇 1️⃣ Automated Valuation Model (AVM) • Computer-generated using recent sales data • Instant result, no inspection • Fast, often accurate, perfect for quick checks 2️⃣ Desktop Valuation • Used when AVM isn’t available or doesn’t stack up • Completed by a qualified valuer — without inspection • Uses sales evidence and valuer sign-off 3️⃣ Short Form or Full Valuation • Physical ins
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