King County Property Appraisals
Get a Professional Real Estate Appraisal for Your King County Property
An accurate appraisal is essential for many different situations. Our certified appraisers are trained to provide unbiased and accurate valuations of King County real estate that can be trusted throughout the entire decision-making process. Regardless of your situation, we have the right appraiser for you!
Home Appraisals in King County
Our experienced residential appraisers are familiar with all types of homes, from single family dwellings to multi-family properties, to vacant land and more. We understand the complexities of each type of property and can provide an accurate assessment based on detailed analysis of the area.
We understand that some properties are not as straightforward as others and may have some unique requirements and considerations. Our team utilizes some of the industry’s best tools and software to get the most current & accurate information possible no matter the property. Here are some specialty properties that we work with:
Adult Family Homes
As a leading commercial appraiser firm in King County, we specialize in providing the most accurate, reliable and comprehensive valuations possible. Our expert commercial appraisers provide services to a wide range of clients, from individual property owners to corporations and institutions.
Appraisal Consulting Services
We also offer several different consulting services for our King County clients. In addition to more traditional property appraisals, we help our clients navigate more complex situations including condemnation, tax appeal, litigation, insurance appraisals and marital dissolutions.
More About FTW Appraisals
We’re based in Kirkland, WA and have been serving clients all throughout the King County area for many years. Our commitment to providing you with the highest levels of precision and expertise for your appraisal is uncompromising. We look forward to the opportunity to work together!
King County Property Appraiser FAQs
How much does a home appraisal cost in King County?
The cost of an appraisal in King County is determined based on a variety of factors. These can be location, complexities of a site; acreage, topography, easements and encumbrances, waterfront properties, or non conforming interim use sites will likely require higher fees.
The use of the appraisal may also impact fees. Marital dissolutions and litigation cases come with extra liability and the potential for testimony. Estates and probate may require multiple dates of value. Lastly, the type of property will have an impact on fees. Commercial properties will typically have higher fees than residential as multiple approaches of value will likely be necessary. Commercial narrative appraisals are also longer and more challenging than a standard home.
How long does a property appraisal in King County take?
The appraisal inspection is typically completed in less than one hour. The entire process on getting the appraisal completed will vary property to property depending on complexities, location, and any external factors that may delay the completion.
We always provide our clients with a reasonable timeframe to expect and stay in communication throughout the appraisal process.
Which appraisal methods do you use?
For single family appraisals, the sales comparison approach is the most widely utilized. This method uses recent sales of similar homes to determine value. The cost approach is employed when appraising new construction, or non conforming properties where sales comparables may be a challenge to obtain. Lastly the income approach is used more with commercial appraisals where the income production is quantified. Single family homes in King County are rarely sold for their income unless dealing with multi family.
What is appraisal consulting?
Appraisal Consulting when value is determined needs to be upheld to USPAP standards. The consulting is likely everything before and after the value component has been derived. Examples of appraisal consulting assignments are Feasibility Studies where a client needs to know if a potential land redevelopment site is worth funding. Rent projections might be necessary when pricing new home construction. The appraisal may also help with listing the residential homes in the new development.
Ad valorem appeals or tax disputes are often necessary if a property owner believes they are being over assessed by their local county. In these cases an appraiser is often hired to appraise the property. The appraiser will consult with the client throughout the process and once the value has been determined, combined with the local tax rate a decision needs to be made to possibly appeal their property taxes. If done an appraisals role is during any hearings.
Appraisal consulting is necessary for litigation or marital dissolutions, and will likely require an opinion of value. It will also periodically require expert testimony in court or binding arbitration. These cases may often require appraisal review services which can provide substantive help to attorneys and supply questions to ask opposing council’s appraiser in court.
Other Consulting Services:
- Land Use studies
- Client’s due diligence on a potential purchase or sales
- Marketability studies
- Market studies
- Absorption analysis
Get in Touch
Contact us today to get a free bid on a King County property appraisal.