Austin Texas Real Estate Appraisal

AUSTIN TEXAS
Real Estate Appraisal
24 HOUR TURN TIME AVAILABLE!

Gray & Associates have provided Real Estate Appraisals for the Central Texas Area since 1981 with over 20,000 appraisals completed, we have the experience to meet all of your Appraisal Needs.

Call us directly at (512) 769-2659
admin@atxappraisal.com

Over 35 Years of Local Appraisal Experience!

As one of the most prominent appraisal and consulting firms,
Gray & Associates Appraisal Services has been called upon to provide valuation services for the area's most noteworthy real estate concerns and property owners. These services have involved a variety of properties.

Our reports conform to the requirements of government agencies, lending institutions, courts, clients, under the Uniform Standards of Professional Appraisal Practice (USPAP). This is done through full narrative or form reports to best serve the client's needs and level of documentation desired.

Contact us directly at (512) 769-2659
Send your orders directly to admin@atxappraisal.com.



How Does a Home Appraisal Work?

We agree on the terms and scope of the appraisal

There are many different uses and types of appraisals, and if I can save you money by selling you a less expensive appraisal that suits your needs, I would like to offer that.



We schedule the on-site property appraisal inspection

I will measure, ask questions, take pictures and notes, and get a feel for the condition and quality of your home. After the appraisal inspection, I will look at relevant comparable properties in your neighborhood, both sales and listings.



We confirm our data, and begin preparation of the report

When the appraisal report is complete, we will email it to you in a PDF file, which is the typical format for the industry.




Three Generations of Appraisal Experience!


As one of the most experienced Central and South Texas full service appraisal firms in the Austin area, we provide a comprehensive answer for valuation concerns. Our appraisal, education, and experience are second to none for the Central and South Texas area. All of our appraisers are licensed or certified by the State of Texas.

With education and experience we take pride in providing a consistent service of thorough, accurate analysis of your real estate problems.

Contact us directly at (512) 769-2659
Send your orders directly to admin@atxappraisal.com.





Central Texas Market Conditions

The Central Texas housing market is one of the fastest-growing regions in the nation. The region’s population growth, particularly along the I-35 corridor, is fueled by diversified economic opportunities that bring jobs, new businesses, and resources across multiple industries. The latest Central Texas Housing Market Report from the Austin Board of REALTORS® (ABoR) suggests that in the in the city of Austin, the median price for single-family homes increased annually by 4.1 percent to $375,760. While 2018 sales remained flat at 9,357 homes, sales dollar volume increased annually by 5.3 percent to $4,365,464,913. Although the median home price increased 6.2 percent year over year in December to $376,875, sales decreased 17.3 percent year over year to 669 sales. Austin’s monthly housing inventory decreased 0.1 months to 1.4 months of inventory in December which is well below the Real Estate Center at Texas A&M University’s benchmark of 6.5 months as a balanced housing market. Typical interest rates for a 30-year fixed mortgage was reported as of 01/24/2019 to be just over 4.5%.



With offices in Austin and San Antonio we serve all of Travis County, Bexar County, Comal County and Williamson County including the cities of Austin, Alamo Heights, Bee Cave, Buda, Bulverde, Cedar Park, Georgetown, Hutto, Kyle, Lakeway, Lake Travis, Leander, Manchaca, New Braunfels, Oak Hill, Pflugerville, Round Rock, Rollingwood, San Antonio & Westlake Hills.



The Appraisal Process

There are three traditional approaches to establishing real estate value: the Sales Comparison Approach, the Cost Approach and the Income Approach;

The Sales Comparison Approach is the most commonly used and most widely known. In this approach the appraiser compares the property being appraised to similar, nearby properties that have recently sold using the selling prices of those “comparable” homes as a basis for the value of the home being appraised.

In the Cost Approach to value the appraiser calculates the replacement cost of the structure(s), less any depreciation, then adds the value of the underlying land to develop an estimate of the replacement cost.

The Income Approach estimates the value of the property based on the amount of rent the property might produce. This approach is more commonly used in non-residential properties, and although it has application in residential valuation, historically, there has not been much readily available rental data; therefore most residential appraisals do not include this approach




Call us to order your Appraisal (512) 769-2659
Send your orders to admin@atxappraisal.com.

100 Congress Avenue Suite #2000 Austin, Texas 78701 Office: (512) 769-2659

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Austin Texas Travis County Real Estate Appraisal