Capital Market Appraisal

Principal, MBA

MBA – Real Estate, George Washington University 2008
BBA – Finance, George Washington University 1999
Licensing Coursework: The Appraisal Institute, Mckissock
DC Certified License #CR12141
Lives in: Washington, DC

Victor has over 15 years of experience in project management, consulting, real estate research and investments. Previous related work experience includes: analyst/associate positions in residential real estate development – Washington, DC – with a focus in the areas of real estate finance (discounted cash flow analysis/proprietary valuation modeling) and project management.

About Us

We are a locally owned, independent fee, residential real estate appraisal and consulting firm specializing in single-family, condominium, cooperative and multi-family income property in Washington, DC. We offer residential appraisal products and consulting services for national mortgage companies, local lenders, homeowners, private practices, and investors.

We believe that a credible valuation begins with a highly-qualified, certified licensed appraiser, who is in tune with the local market environment and current sales trends. We emphasize quality and clarity in our appraisal reports and understand that a well-articulated narrative supported by reliable data is critical to making a confident investment decision you can depend on.

Quality Control

Accurate and reliable data is always a chief concern and the task of complying with changing appraisal regulations introduces an additional level of complexity. To help insure compliance with client-specific requirements, USPAP, UCDP, HVCC and other regulatory guidelines each appraisal assignment receives an automated rules-based engine review and is subsequently hand-reviewed by an experienced appraiser prior to delivery.

Technology

We adhere to the highest quality USPAP standards and use the latest appraisal software technology. Our web-based management platform supports compliance, ordering, fulfillment and customized reporting requirements. We offer secure delivery via our website, direct interface and third-party portals.

Some Fun Facts

Here are a few DC market highlights for the most recently completed year (2017), enjoy.

1270

Homes Sold

—up 9% from 2016

3000

Average Months of Inventory

—up 13% from 2016

Median Days on Market

—down 8% from 2016

$ Billion in Home Sales

—up 12% from 2016

Source: MRIS, Capital Market Appraisal — 1 to 4 family home sales (includes condominiums and cooperatives). Washington, DC 2017.

Order Now

Pricing

We would do it for the love but you can't eat it.

Condo & Co-Op

Form 1073: from $500

Single-Family

Form 1004: from $500
> 2,500 Sq. Ft.: Call for Quote

Income Property

Form 1025: from$600
Three Unit: form $700
Four Unit: from $800

Other services

48 Hr. Priority Service: $200
Form 2055/1075 (Drive-By): from $500
Form 216 (Operating Income Statement): $100
Form 1007 (Comparable Rent Schedule): $100
Form 2002 (Appraisal Desk Review): from $500
Form 2000 (Appraisal Field Review): from $600

Our Process

This is where the magic happens.

Step 1: Request an Appraisal

In order for us to begin an appraisal we must first receive a written request; this can be completed online by placing an order here or through emailing our office. Institutional clients can place orders directly through our order management platform or third party portal.

Step 2: Work-Up Order

Once we have determined the appropriate report to meet your needs we can begin our preliminary market research on the subject property and comparable homes in the neighborhood. Next we schedule an appointment to conduct a thorough site-inspection, keeping all interested parties informed of the date and time of our visit.

Step 3: Property Inspection

Inspection times vary depending on the size and complexity of the property, but will usually take an appraiser between twenty minutes to one hour. A standard appraisal inspection includes an interior walk-through of all levels, an exterior walk around the property, interior/exterior photos, and a sketch of the floor plan with exterior dimensions. During the inspection we take notes about specific details of the property and its overall condition.

Step 4: Comparable Research

Following each inspection our appraisers will typically spend some time canvassing the neighborhood. This is done so that we may assess any neighborhood factors that could potentially influence our valuation and so that we may photograph comparable property sales and current listings that we have selected for our report.

Step 5: Report Writing

Here is when the magic happens! Writing a credible appraisal report using a clear and articulate narrative takes expertise and time. During this stage in the process we organize and analyze all of the data that we have collected in support of our valuation. This is where an experienced state licensed appraiser who lives in Washington, DC can really make a difference.

Step 6: Delivery

To help insure compliance with client-specific requirements and regulatory guidelines each assignment receives an automated rules-based engine review and is subsequently hand-reviewed by an experienced appraiser prior to delivery. We use the latest appraisal software and a comprehensive order management platform to deliver or reports quickly and in the format you require.

Property Types

Our Clients

Valuation Services

Why Choose Us

Victor Brown