Commercial and Residential Real Estate Property Appraisers
1280 South Powerline Road Suite 29
Pompano Beach, FL 33069 (Map)
Telephone: 954-771-4994
Fax: 954-973-2196

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Brown Valuation Services, Inc. provides a wide range of real estate appraisal services in South Florida serving Miami-Dade County, Broward County and Palm Beach County serving cities such as Fort Lauderdale, Pompano Beach, Coral Springs, Davie, Hollywood, Hallandale Beach, Miami, Aventura, Hialeah, Miami Beach, West Palm Beach, Boca Raton, Delray Beach, Boynton Beach, Palm Beach, and others.

With many years of experience we have a proven track record of reducing time, efforts and costs in managing the appraisal process.

Besides providing real estate appraisals, Brown Valuation Services, Inc. provides a wide variety of real estate consulting services. We specialize in real estate appraisals such as:
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Exactly What is a Real Estate Property Appraisal
An appraisal begins with the identification of the Scope of Work. This defines a number of variables including: the type of property to be appraised, the ownership interest, the extent and type of research undertaken, and the extent and type of analysis applied. After defining the various Scope of Work items, the appraiser typically begins the assignment with an inspection of the subject property. The inspection provides information on the type and quality of construction, the measured building area, building height, construction components, type and quality of site improvements, landscaping, location, access, and so on.

The next major section of the assignment involves the research and verification of the market data. Depending on the Scope of Work, this may involve research of comparable sales, comparable rents, and cost data. The appraiser typically subscribes to a variety of proprietary property data services including public records data. In addition to a physical
inspection of the comparable sale and rental properties, the appraiser confirms the veracity of the data through sources deemed reliable. This often involves a call to the buyer, seller or agent involved in the transaction.

After the market data is researched, a thorough analysis of the data is undertaken. Basically, this distills the raw data into measurable units which can be applied to the subject property. There are many useful units of measure which can be applied to real estate. The appraiser's expertise comes into play in deciding which units of measure are most appropriate to the appraisal at hand.

The final stage of the appraisal involves the application of the various value indicators derived to the subject property. Again, depending on the Scope of Work, this may include the application of the Sales Comparison Approach, Income Capitalization Approach or Cost Approach, or a variation of each of these. After application of the various appraisal approaches, the appraiser will typically reconcile the indications into a final estimate of value for the subject property.

The report is then submitted to the Financial Institution or individual that requested the appraisal.