Why it matters
Your lender needs to know the finished home will be worth enough to support the loan. The appraisal confirms that before and during the build.
What I look at
Building plans, specs, upgrades, the lot, and recent sales of similar new homes nearby.
What to have ready
Plans, the spec or finish list, and the builder's contract if you have one.
Common questions
Can you appraise a house that isn't built yet?
Yes. That's a proposed construction appraisal, based on the plans.
How long does it take?
7 to 10 days once I have the plans.