Planning to build a new home or working with a builder on a custom project? Our new construction appraisals provide an independent estimate of value based on the proposed plans, materials, and specifications — often required by lenders before funding a construction mortgage or draw schedule.
We assess the “as-completed” value of the property, factoring in:
- Architectural plans and floor layouts
- Site location and land value
- Cost of materials, quality of construction, and builder reputation
- Comparable new builds in the market
- Current market conditions