- Single-Family Residential
- Condominium & Co-Op
- 2 to 4 Family Income Property
- National Mortgage Companies
- Local Lenders & Title Companies
- Homeowners & Investors
- Law Offices & Accountants
Why Choose Us
- Local Market Expertise
- Comprehensive Market Research
- Full E & O Insurance Policy
- USPAP, UCDP & HVCC compliant
- Thorough Inspections
- Certified Licensed Appraisers
- FHA Approved
- Defensible Opinions
- Reliable Turnaround
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.
We are a locally owned, independent fee, residential real estate appraisal 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.
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.
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.
—up 9% from 2016
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.
Step 1: Request an Appraisal
To request an appraisal you can fill out an online order form which can be found here or just send us an email and we will get back to you with some follow up questions about your order.   Institutional clients can place orders directly through our order management platform or third party portal.
Step 2: Work-Up Order
To ensure the correct appraisal product for your needs we must determine the particulars of your assignment such as: the type of property being appraised, the purpose of the appraisal (what is the appraisal being used for), and who the intended users will be (those relying on the results of the appraisal).   The next step is to schedule a date and time for your appraisal walk-though; once scheduled we will email you a letter of engagement for your review and e-signature (which is done so that everyone is on the same page with respect to the assignment details).   This email will also contain a payment link for secure payment with a debit or credit card; alternatively, payment can be made by check at the time of the inspection.
Step 3: Property Inspection
Inspection times vary depending on the size and complexity of the property but they typically take between thirty minutes to an hour for condominiums and between one to two hours for single-family homes.   A standard appraisal inspection includes an exterior walk around the site, a walk-through on all levels of the improvements, interior and exterior photos, and a sketched floor plan with perimeter dimensions.   During the inspection we will be taking notes about specific elements of the property and its overall condition.
Step 4: Research and Analysis
Our state licensed certified appraiser will use four main elements of comparison to determine your property’s sub-market: time of sale, location, property type, and size.   You can think of your property’s sub-market as the population pool from which a smaller sample set will be narrowed to use as comparable sales.   This is a critical step in every assignment and requires an exhaustive comparison of numerous properties using additional elements of comparison such as: condition, age, style (design), and exterior amenities. We will typically research sales going back three years but will focus on sales that have occurred over the prior year.
Step 5: Report Writing
This is where the magic happens! We organize and analyze all of the data that we have collected in support of our valuation and perform a ‘Highest and Best Use’ analysis of the property we are appraising.   Real estate is not fungible and no two properties are exactly alike, which is why even after carefully selecting the most similar comparable sales, we are likely to make additional adjustments when warranted based on differences between the subject of our appraisal and each comparable sale included in the appraisal report.
Step 6: Delivery
To help ensure 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 our reports quickly and in the format you require.
My husband and I were very pleased; the turnaround time was quick and the report was thorough and easy to follow. If we ever need another appraisal they’re getting our repeat business.
Kelly Mayfield, Homeowner   VIA GOOGE BUSINESS
Great market research.
Michael Schaeffer, Realtor   VIA TWITTER
Very easy to work with and knowledgeable about the market!
Brad Zerivitz, Howeowner   VIA GOOGE BUSINESS
I was overwhelmingly pleased with the service and product received...the highest of recommendations!
Salima McClain, Homeowner   VIA GOOGE BUSINESS
I frequently recommend Capital Market Appraisal to my clients for their real estate appraisal needs.
Washingtonian Appraisals, Local Business   VIA YELP
Service was professional, excellent and very competent. Easy to talk to and very responsive. It was a well covered concise, detailed, report. You won’t regret hiring this company.
Tawanda Anderson, Homeowner   VIA GOOGE BUSINESS
Victor was quick to respond and easy to work with. His appraisal was one of the most detailed I've seen.
Lucas Hall, Homeowner   VIA GOOGE BUSINESS
Victor completed the appraisal in a thorough and professional manner. It was detailed and provided extremely detailed information on which to make decisions regarding the property. I highly recommend him and the firm Capital Market Appraisal.
Olga Welch, Homeowner   VIA GOOGE BUSINESS
I had a great experience working with Capital Market Appraisal on my PMI removal appraisal. Victor Brown was very professional and just a really nice person to deal with. Thanks for your business.
Roman Dogadin, Homeowner   VIA GOOGE BUSINESS
Victor did an excellent job with my appraisal requirement. He was very easy to work with and very knowledgeable about the market...Kudos to Victor!!!
Carolyn McRae, Homeowner   VIA GOOGE BUSINESS
Victor did an excellent job with my appraisal requirement. He explained what sorts of factors went into the appraisal, wrote a clear and comprehensible report, and was available and communicative throughout the whole process. And he was swift!
Shane Keane, Homeowner   VIA GOOGE BUSINESS