{
  "url": "sellingrealestateflorida.com/faq/what-is-the-difference-between-a-property-appraisal-and-a-property-valuation",
  "name": "What is the difference between a property appraisal and a property valuation?",
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      "name": "What is the difference between a property appraisal and a property valuation?",
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      "acceptedAnswer": {
        "text": "An appraisal is a formal, unbiased estimate of value prepared by a licensed appraiser, typically required by lenders for mortgage purposes. A property valuation, while often less formal, can be provided by a real estate professional to give an estimated market price based on current market conditions and comparable properties. The key practical tradeoff is that an appraisal carries legal weight for lending, while a valuation from an agent provides a current market perspective for strategic decisions like listing a home.",
        "@type": "Answer",
        "description": "An appraisal is a formal, lender-required estimate by a licensed appraiser, while a valuation is an estimated market price from a real estate professional."
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  "description": "An appraisal is a formal, lender-required estimate by a licensed appraiser, while a valuation is an estimated market price from a real estate professional."
}