Straight answers to common questions about appraisals, PVA values, farms and land surveys in western Kentucky.
The on-site inspection of a typical house usually takes about 30 to 90 minutes; farms, large homes and acreage take long…
The county Property Valuation Administrator (PVA) assesses every parcel for property tax as of January 1 each year, usin…
Common reasons include buying or selling land, dividing a tract, building a fence or structure near a line, resolving a …
Fees depend on property type, size, acreage, location, complexity and the report form. Lender appraisals are often set b…
UAD 3.6 is the updated Uniform Appraisal Dataset used with the redesigned Uniform Residential Appraisal Report adopted b…
Yes. Owners who disagree with their assessment typically start with a conference with the county PVA during the annual i…
A retrospective appraisal estimates market value as of a past date, such as the date a property owner died. Estates use …
When real estate is marital property, the parties or the court usually need a credible value to divide it. An independen…
Farm appraisals look at the land itself (tillable, pasture and wooded acres, soils, road frontage, access, water, flood …
No. An appraiser estimates value and usually relies on the deed, PVA map or an existing survey for lot size. Only a lice…
The appraiser measures the exterior to calculate gross living area, photographs each room and the exterior, and notes co…
Provide access to every room, the attic and crawl space if accessible, and outbuildings. Have a list of updates with dat…
On a lender appraisal, ask your lender about a reconsideration of value and submit relevant closed sales the appraiser m…
A pre-listing appraisal is ordered by a homeowner before listing to get an independent market value from a licensed appr…
Often, yes. If your home has gained value, an appraisal ordered through your loan servicer can show your loan-to-value r…
No. An appraisal estimates market value. A home inspection is a detailed check of the home's condition and systems for t…
Gross living area (GLA) is the finished, heated, above-grade living space, measured from the exterior. Basements, garage…
An ALTA/NSPS survey is a detailed boundary survey prepared to national standards for title insurance and commercial lend…
Kentucky uses metes-and-bounds descriptions, and older deeds often call to trees, stones, fence posts, creeks and neighb…
In most cases yes: dividing a tract requires a new legal description and usually a plat, and many counties and cities ha…
FEMA flood insurance rate maps show Special Flood Hazard Areas, and anyone can look up an address on the FEMA Flood Map …
Search the national Appraisal Subcommittee registry at asc.gov or the Kentucky Real Estate Appraisers Board. Scott D. Ke…
In Kentucky, a Certified Residential appraiser may appraise residential properties of one to four units, while a Certifi…