Our job is to determine the current value of a property for the potential buyer. Most of the work we do determines the value of a real estate appraisal. Normally it is done during an on-site inspection, where we as appraisers will conduct a room-by-room walk-through to appraise the condition of the interior and do the same for the exterior.
Is the new home you are looking at priced too high? A real estate appraisal can let you know whether the amount being asked is a fair purchase price.