Luxury Properties

Make sure your luxury property appraisal reflects the full value of your home, with Arizona Appraisal Advisors.

If you need a luxury property appraisal, it’s important to work with an appraiser experienced in viewing and valuing these special homes. Luxury homes can be challenging to appraise due the unique designs and custom finishes not present in a typical home. Appraisers with specialized expertise in luxury residential properties understand how to quantify the luxury features of a home. Doing so requires extensive and continued education to stay relevant on the latest trends. It also involves interviewing market participants such as luxury realtors and builders to learn about materials, design features, and market trends.

Further, to understand luxury appraising means to expand on the traditional appraisal methods for defining markets. Buyers in luxury markets tend to look at a smaller stock of homes within a neighborhood while also looking across a much broader geographical area. To select the most appropriate sales and listings for comparison, an appraiser may use comps from many miles away.

Arizona Appraisal Advisors has completed hundreds of luxury appraisals, ranging in value up to $25 million. Our experience includes homes with multiple pools, private spas, expensive guest homes, full-size courts, and private golf courses. Working with our team, you can be sure your home receives an accurate appraisal that includes the full value of your property.