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As of September 2025, Denver Metro’s residential market exhibited mild seasonal cooling, with stable pricing and a slightly higher supply. The median close price landed at $589,900 (▼0.56%), indicating a modest month-over-month softening rather than a directional shift. Closed homes totaled 3,366 (▼8.78%) and sales volume reached $2.34B (▼11.52%), consistent with typical late-summer to early-fall slowdowns. DMAROn the supply side, active listings ticked up to 13,074 (▲0.11%) and new listings measured 4,968 (▲6.18%). Combined with slower absorption, this pushed months of inventory to 3.89 (▲8.36%) and nudged median days in MLS to 35 (▲16.67%). Pending sales posted 3,585 (▼2.05%), indicating a slightly lighter pipeline heading into October. These movements suggest a market that’s broadly balanced, with conditions varying by micro-location and price tier but without abrupt swings at the aggregate level. DMARWhat this means for the Denver Metro market overall: pricing remains comparatively steady while buyers have incrementally more time and options than earlier in the year. The increase in supply and days on market, paired with flat-to-slightly-lower prices, supports measured expectations for the fall. Appraisals and pricing decisions should continue to emphasize hyper-local comps, list-to-sale price trends, and exposure times, as the metro-wide indicators point to normalization rather than acceleration.&nbsp;Key September 2025 Metrics (Overall Residential): • Median Close Price: $589,900 (▼0.56%) • Active Listings: 13,074 (▲0.11%) | New Listings: 4,968 (▲6.18%) • Pending Sales: 3,585 (▼2.05%) | Closed Sales: 3,366 (▼8.78%) • Months of Inventory: 3.89 (▲8.36%) | Median Days in MLS: 35 (▲16.67%) • Sales Volume: $2.34B (▼11.52%) DMARFor appraisals or valuation needs, contact VolkHaus Appraisals at 720-583-3200.<figure id="figure-12hi05d67dmgfbup57"><img id="12hi05d67dmgfbup57" src="https://media.gettyimages.com/id/2231033984/photo/modern-mid-century-house-with-lush-landscaping.jpg?b=1&amp;s=2048x2048&amp;w=0&amp;k=20&amp;c=VVFZFYNT-o4zmZuIhS-9ldO5daUtrPVmFjTW8P5uqBE=" alt="Modern mid-century house with lush landscaping." title="Modern mid-century house with lush landscaping." class="object-cover bg-gray-100 rounded-sm md:rounded-md lg:rounded-lg" style="aspect-ratio: 16/9; object-position: center center;" data-corners="default" data-aspect="16:9" data-caption="" data-positionx="undefined" data-positiony="undefined" data-fullwidth="false" data-mce-src="https://media.gettyimages.com/id/2231033984/photo/modern-mid-century-house-with-lush-landscaping.jpg?b=1&amp;s=2048x2048&amp;w=0&amp;k=20&amp;c=VVFZFYNT-o4zmZuIhS-9ldO5daUtrPVmFjTW8P5uqBE=" data-mce-style="aspect-ratio: 16/9; object-position: center center;"></figure>

Denver Metro Housing Snapshot: September 2025—Inventory Edges Up, Prices Hold Near $590K

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If you’re buying, selling, refinancing, or settling an estate in Denver, you’ve probably run into the term “real estate appraisal.” Below are the most common questions people ask, answered with a focus on residential appraisals:&nbsp; ❓ What is a real estate appraisal? A real estate appraisal is an unbiased opinion of value completed by a licensed appraiser. It helps determine what a property is worth in today’s market. Lenders, attorneys, homeowners, and buyers all use appraisals to make informed decisions.&nbsp; ❓ What does real estate appraisal mean? It simply means establishing market value. An appraiser analyzes recent comparable home sales, the property’s condition, lot, location, and features to provide a professional opinion of value.&nbsp; ❓ What are real estate appraisal services? Residential appraisal services typically include valuations for:Home purchases and refinances Estate settlements and trusts Divorce proceedings Property tax appeals Pre-listing valuations for sellers &nbsp; ❓ How much does a real estate appraisal cost? In Denver, a standard single-family residential appraisal usually ranges from $600 to $850, depending on property size, complexity, and purpose of the appraisal. More complex properties or unique assignments may cost more.&nbsp; ❓ How long does a real estate appraisal take? The onsite property visit often takes 30 minutes to 2 hours depending on size and condition. The full appraisal process, including research and report writing, typically takes 3–5 business days once access is scheduled.&nbsp; ❓ How do you get a real estate appraisal? If you’re refinancing, your lender will order one. For private needs (estate, divorce, tax appeal, pre-listing), you can hire an independent licensed appraiser directly.&nbsp; ❓ What is a real estate appraisal report? It’s the written document you receive from the appraiser. The report includes details about the property, comparable sales, analysis, and the final opinion of value.&nbsp; ❓ How do you become a real estate appraiser? To become a licensed appraiser in Colorado, you need:Education (approved appraisal courses) Supervised experience under a certified appraiser Passing the state exam Many start as trainees before advancing to licensed or certified residential levels. &nbsp; ❓ How do you get a real estate appraisal license? In Colorado, this is handled by the Colorado Division of Real Estate. You’ll need coursework, logged hours, and an exam to qualify.&nbsp; ❓ How is commercial real estate appraisal different? Commercial appraisals are typically more complex, focusing on income, leases, and market rents. They take longer and cost more than residential appraisals. Residential appraisers usually focus on single-family homes, condos, and small multi-units.&nbsp; ❓ What real estate appraisal should I get? If you own a home or condo in Denver and need a reliable market value opinion, a residential certified appraiser is the right choice.&nbsp; ✅ Bottom line: Real estate appraisals are a crucial part of homeownership decisions. For professional residential appraisal services in Denver, contact VolkHaus Appraisals today.<figure id="figure-8a6ku5k5iumgbe0ahd"><img id="8a6ku5k5iumgbe0ahd" src="https://media.gettyimages.com/id/537215344/photo/denver-colorado-skyscrapers-snowy-longs-peak-rocky-mountains-summer.jpg?b=1&s=2048x2048&w=0&k=20&c=Syp2ORaalWq7LWg5O4h2wqlje99XDQJfR2u8yfoF4sk=" alt="Denver Colorado skyscrapers snowy Longs Peak Rocky Mountains summer" title="Denver Colorado skyscrapers snowy Longs Peak Rocky Mountains summer" class="object-cover bg-gray-100 rounded-sm md:rounded-md lg:rounded-lg" style="aspect-ratio: 16/9; object-position: center center;" data-corners="default" data-aspect="16:9" data-caption="" data-positionX="undefined" data-positionY="undefined" data-fullWidth="false"/></figure>

🏡 Real Estate Appraisal FAQ: What Denver Homeowners Should Know

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<h2>Understanding Basement Square Footage in Colorado Appraisals</h2>In the world of real estate, particularly in Colorado, understanding how basement square footage is evaluated during appraisals can be crucial. Often, homeowners and potential buyers are left wondering why basements are valued differently from above-ground living spaces. This blog post aims to clarify these differences and explain the nuances behind basement square footage considerations in Colorado appraisals.<figure id="figure-k4zl8fwgr7mga2wvyv"><img id="k4zl8fwgr7mga2wvyv" src="https://media.gettyimages.com/id/1774977223/photo/prairie-home-amidst-autumnal-splendor.jpg?b=1&amp;s=2048x2048&amp;w=0&amp;k=20&amp;c=866LEksEm2Z5P_qdOcyTiVNLtcRR1X4oBVugBghq1Js=" alt="Rustic Tranquility: Prairie Home Amidst Autumnal Splendor" title="Rustic Tranquility: Prairie Home Amidst Autumnal Splendor" class="object-cover bg-gray-100 rounded-sm md:rounded-md lg:rounded-lg" style="aspect-ratio: 16/9; object-position: center center;" data-corners="default" data-aspect="16:9" data-caption="" data-positionx="null" data-positiony="null" data-fullwidth="false" data-mce-src="https://media.gettyimages.com/id/1774977223/photo/prairie-home-amidst-autumnal-splendor.jpg?b=1&amp;s=2048x2048&amp;w=0&amp;k=20&amp;c=866LEksEm2Z5P_qdOcyTiVNLtcRR1X4oBVugBghq1Js=" data-mce-style="aspect-ratio: 16/9; object-position: center center;"></figure><h3>What Counts as Finished Space?</h3>One of the primary factors in determining the value of basement square footage is whether the space is considered finished or unfinished. In Colorado, a finished basement typically includes completed walls, ceilings, flooring, and often, some form of heating. This can significantly influence the appraisal value, as finished spaces are generally more desirable and livable than unfinished ones.Real estate appraisers often categorize a finished basement as an extension of living space, which can increase a property's overall market value. Conversely, an unfinished basement may be valued primarily for its potential rather than its current state.<h3>Above-Grade vs. Below-Grade Square Footage</h3>Another key consideration in Colorado appraisals is the distinction between above-grade and below-grade square footage. Above-grade refers to any part of the home that is located above ground level, while below-grade refers to areas situated below ground, such as basements. In most cases, appraisers value above-grade space more highly than below-grade space.<figure id="figure-c2h094x04emga2x32w"><img id="c2h094x04emga2x32w" src="https://cdn.durable.co/getty/1ekJy9XFFWvyiIgj5631Ehq9iuceX9F5vJso5KBxedQNRCaMvTLVqGfDHZSvyEbV.jpeg" alt="home appraisal" title="home appraisal" class="object-cover bg-gray-100 rounded-sm md:rounded-md lg:rounded-lg" style="aspect-ratio: 16/9; object-position: center center;" data-corners="default" data-aspect="16:9" data-caption="" data-positionx="null" data-positiony="null" data-fullwidth="false" data-mce-src="https://cdn.durable.co/getty/1ekJy9XFFWvyiIgj5631Ehq9iuceX9F5vJso5KBxedQNRCaMvTLVqGfDHZSvyEbV.jpeg" data-mce-style="aspect-ratio: 16/9; object-position: center center;"></figure>This differentiation is primarily due to the fact that above-grade areas typically have more natural light and views, which are appealing features to buyers. However, a well-designed and fully finished basement can still hold considerable value, especially in densely populated areas where additional living space is at a premium.<h3>Local Market Trends and Their Impact</h3>The real estate market in Colorado is dynamic, and trends can significantly impact how basement square footage is appraised. For example, in urban areas with limited space for expansion, a finished basement can be a significant asset. Potential buyers often see these spaces as ideal for creating home offices, gyms, or additional bedrooms, thus increasing their value during appraisals.Appraisers consider these market trends when assessing properties, ensuring that the appraisal reflects current buyer preferences and market conditions. This adaptability helps ensure that appraisals remain relevant and accurate over time.<figure id="figure-n50utr2nkmga2x5ux"><img id="n50utr2nkmga2x5ux" src="https://media.gettyimages.com/id/1390907535/photo/fall-foliage-in-the-san-juan-mountains-of-colorado.jpg?b=1&s=2048x2048&w=0&k=20&c=0qSpRQgu9zk1YH5RHY-udjSrbgcN7nCdhLtmX6utNQ0=" alt="Fall Foliage in the San Juan Mountains of Colorado" title="Fall Foliage in the San Juan Mountains of Colorado" class="object-cover bg-gray-100 rounded-sm md:rounded-md lg:rounded-lg" style="aspect-ratio: 16/9; object-position: center center;" data-corners="default" data-aspect="16:9" data-caption="" data-positionX="null" data-positionY="null" data-fullWidth="false"/></figure><h3>How to Increase Your Basement's Appraisal Value</h3>If you're looking to boost the value of your basement before an appraisal, there are several strategies you can employ:<ul><li>Finish the Space: Adding drywall, flooring, and lighting can transform an unfinished basement into a valuable living area.</li><li>Add Amenities: Consider installing a bathroom or wet bar to increase functionality.</li><li>Improve Access: Ensure safe and convenient access with proper stairways and egress windows.</li></ul>These improvements not only enhance the livability of the space but also increase its appeal during appraisals.<h3>The Role of Professional Appraisers</h3>Ultimately, it's essential to acknowledge the crucial role of professional appraisers in determining the value of basement square footage. Appraisers are trained to thoroughly assess properties, considering all aspects of both finished and unfinished spaces. Their evaluations are crucial for setting fair market prices and ensuring that both buyers and sellers operate with accurate information.For homeowners in Colorado, understanding how appraisers evaluate basement square footage can provide valuable insights into maximizing property value. By being informed about these factors, you can make strategic decisions about home improvements and better prepare for future appraisals.

The Truth About Basement Square Footage in Colorado Appraisals

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<h2>Understanding the Importance of Estate Appraisals</h2>Estate appraisals in Denver are a critical component for heirs and attorneys involved in the distribution of assets. These appraisals provide a professional evaluation of the fair market value of the deceased person's property at the time of death. This valuation is essential for a variety of reasons, including tax assessments, equitable distribution among heirs, and legal proceedings.<figure id="figure-llfttg4kspmfn5423r"><img id="llfttg4kspmfn5423r" src="https://cdn.durable.co/getty/dFILzhQK89xbPxTsqtedJUQNyrYqTrkSvIjif96jAM2X1y6jXQKUBPnH79jffPQ5.jpeg" alt="denver city" class="object-cover bg-gray-100 rounded-sm md:rounded-md lg:rounded-lg" style="aspect-ratio: 16/9;" data-mce-src="https://cdn.durable.co/getty/dFILzhQK89xbPxTsqtedJUQNyrYqTrkSvIjif96jAM2X1y6jXQKUBPnH79jffPQ5.jpeg" data-mce-style="aspect-ratio: 16/9;"></figure>For heirs, understanding the value of inherited assets is crucial for making informed decisions about whether to keep, sell, or redistribute these assets. For attorneys, accurate appraisals are necessary to ensure compliance with tax regulations and to facilitate smooth estate settlements.<h3>The Appraisal Process Explained</h3>The estate appraisal process typically involves a thorough examination of the property in question. A qualified appraiser will conduct a walkthrough, taking into account factors such as the property's condition, location, and comparable sales in the area. Once the walkthrough is complete, the appraiser will compile a report that outlines their findings and provides a comprehensive valuation of the property. This report serves as a key document for both legal and financial purposes.<figure id="figure-nu7qu37pwdmfn54gop"><img id="nu7qu37pwdmfn54gop" src="https://cdn.durable.co/getty/eG3pIXmwtecNmgdX0XUd38INbXVTrOjp1LbFfrfCL2BaLyViVXjpUhcUznLcqU7u.jpeg" alt="property appraisal" class="object-cover bg-gray-100 rounded-sm md:rounded-md lg:rounded-lg" style="aspect-ratio: 16/9;" data-mce-src="https://cdn.durable.co/getty/eG3pIXmwtecNmgdX0XUd38INbXVTrOjp1LbFfrfCL2BaLyViVXjpUhcUznLcqU7u.jpeg" data-mce-style="aspect-ratio: 16/9;"></figure><h3>Why Accurate Appraisals Matter</h3>Accurate estate appraisals are vital for several reasons. Firstly, they help prevent disputes among heirs by providing an objective assessment of asset values. This can be particularly important in situations where multiple parties have claims to the same property.Additionally, correct valuations are necessary to comply with federal and state tax laws. Inaccurate appraisals can lead to penalties or legal challenges, which can further complicate the estate settlement process.<h3>Choosing a Qualified Appraiser</h3>When selecting an appraiser in Denver, it is essential to choose someone with the right qualifications and experience. Look for appraisers who are certified by recognized organizations such as the Appraisal Institute.<figure id="figure-hycy40utk5mfn54j3k"><img id="hycy40utk5mfn54j3k" src="https://cdn.durable.co/getty/51uwOFdPYCXz0PwzyjuhrDsAXOS8zaWu9qTpgrYTTN8T8hrN6bqRfaS24mMe1FkB.jpeg" alt="professional appraiser" class="object-cover bg-gray-100 rounded-sm md:rounded-md lg:rounded-lg" style="aspect-ratio: 16/9;" data-mce-src="https://cdn.durable.co/getty/51uwOFdPYCXz0PwzyjuhrDsAXOS8zaWu9qTpgrYTTN8T8hrN6bqRfaS24mMe1FkB.jpeg" data-mce-style="aspect-ratio: 16/9;"></figure>These certifications ensure that the appraiser adheres to industry standards and possesses the necessary expertise to provide reliable valuations. Additionally, consider seeking recommendations from attorneys or financial advisors who have experience dealing with estate appraisals.<h3>Common Challenges and How to Overcome Them</h3>Estate appraisals can present several challenges, particularly when dealing with complex estates that encompass a diverse range of assets. One common issue is the valuation of unique or rare properties that lack easily comparable sales.To overcome such challenges, it is crucial to work closely with your appraiser and provide as much information as possible about the estate's assets. This collaboration can help ensure that valuations are as accurate and comprehensive as possible.<h2>Final Thoughts</h2>For heirs and attorneys in Denver, understanding the intricacies of estate appraisals is essential for a smooth asset distribution process. By selecting a qualified appraiser and being aware of potential challenges, you can navigate this complex process with confidence.Whether you're managing an estate for a loved one or advising clients on their legal obligations, having accurate appraisals is a key step in ensuring a fair and efficient settlement.&nbsp;

Estate Appraisals in Denver: Essential Insights for Heirs and Attorneys

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Settling an estate is never easy. Whether you're an attorney managing a trust, an executor navigating probate, or a family member handling the affairs of a loved one, clear and accurate real estate valuation is a critical part of the process.As a Certified Residential Appraiser with the SRA designation, I specialize in providing professional, defensible estate appraisals across the Denver metro area. My goal is simple: to deliver clarity, objectivity, and support when it matters most.What Is an Estate Appraisal? An estate appraisal provides an unbiased opinion of a property's fair market value as of a specific date—often the date of death or date of trust transfer. These reports are typically used for:-IRS reporting and estate tax calculations -Probate court proceedings -Trust and estate distribution -Step-up in basis calculations for heirs -Asset division among beneficiaries Why You Need a Qualified, Independent Appraiser Estate valuations require more than just pulling sales data. Properties may be unique, dated, or held long-term. Some have deferred maintenance or unusual characteristics that automated tools can’t properly address. In many cases, a retrospective appraisal—determining value as of a date in the past—is required.With over a decade of local experience and an SRA designation, I provide:-Retrospective and current value appraisals -Detailed market analysis supported by verified comparable sales -IRS- and USPAP-compliant reports -Professional communication with legal, tax, and fiduciary teams -Discretion and sensitivity during emotional family transitions Trusted by Estate Professionals and Families Alike I regularly work with:-Estate attorneys and fiduciaries who need timely, credible appraisals -CPAs and tax professionals requiring accurate basis valuation -Heirs and executors navigating unfamiliar real estate decisions -Trust companies and banks seeking dependable, third-party opinions of value Local Expertise You Can Rely On Denver’s neighborhoods are diverse, and estate properties often involve unique challenges: long-term ownership, dated interiors, or non-permitted improvements. I bring deep local knowledge of Denver’s real estate market, ensuring each appraisal is grounded in relevant, supportable data—whether it’s a condo in Capitol Hill or a family home in Wheat Ridge.&nbsp; Need an appraisal for an estate, trust, or probate matter? Contact us today to schedule a consultation. We are here to provide clear answers, credible reports, and professional support throughout the process.

Why Accurate Estate Appraisals Matter: A Trusted Resource in Times of Transition

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<h2>Understanding the Basics of Real Estate Appraisals</h2>For Denver homeowners, navigating the real estate market can be an intricate process. One crucial aspect is understanding real estate appraisals. These appraisals are professional assessments of a property's value at a specific point in time, crucial for both buyers and sellers. They ensure that buyers don't overpay for a property and provide lenders with a basis for financing decisions.<figure id="figure-nsqm1osdxcmbu2s3n7"><img id="nsqm1osdxcmbu2s3n7" src="https://cdn.durable.co/getty/1e7g1Ne0Tg3IOKjUXSezMIz7ufDybabN0Xi93DDNUD5PbLNLpSbpBoDWbOB87Wr7.jpeg" alt="real estate appraisal" class="object-cover bg-gray-100 rounded-sm md:rounded-md lg:rounded-lg" style="aspect-ratio: 16/9;" data-mce-src="https://cdn.durable.co/getty/1e7g1Ne0Tg3IOKjUXSezMIz7ufDybabN0Xi93DDNUD5PbLNLpSbpBoDWbOB87Wr7.jpeg" data-mce-style="aspect-ratio: 16/9;"></figure><h3>Components of an Appraisal</h3>Appraisers consider various factors to determine a home's value. The main components include the property's size, location, condition, and any unique features it may possess. Recent sales of comparable properties, known as "comps," also play a significant role in the appraisal process. These elements combined offer a comprehensive view of the property's market value.<h3>Why Appraisals Matter in Denver</h3>Denver's real estate market is dynamic, with fluctuating property values influenced by economic factors, neighborhood development, and demand. Accurate appraisals help homeowners make informed decisions about selling or refinancing their homes. For buyers, they ensure investments are sound and in line with current market conditions.<figure id="figure-61g2mb0yvmbu2s6wa"><img id="61g2mb0yvmbu2s6wa" src="https://cdn.durable.co/getty/21W2kJsWeyVvxw20g1g6TkB4wnPbSksCpkib7cTVtJGo0bAKzp9ypLR6FSFPhcMm.jpeg" alt="denver skyline" class="object-cover bg-gray-100 rounded-sm md:rounded-md lg:rounded-lg" style="aspect-ratio: 16/9;" data-mce-src="https://cdn.durable.co/getty/21W2kJsWeyVvxw20g1g6TkB4wnPbSksCpkib7cTVtJGo0bAKzp9ypLR6FSFPhcMm.jpeg" data-mce-style="aspect-ratio: 16/9;"></figure><h2>The Appraisal Process Explained</h2>The appraisal process typically begins with an on-site visit where the appraiser examines the property. This includes assessing the interior and exterior, taking measurements, and noting any improvements or defects. Following the site visit, the appraiser conducts research on comparable properties and analyzes market trends to arrive at a final valuation.<h3>How to Prepare for an Appraisal</h3>Homeowners can take several steps to prepare for an appraisal. Ensuring the property is clean and well-maintained can positively influence the outcome. It's also beneficial to compile a list of recent upgrades or renovations and any relevant documentation to present to the appraiser. These efforts can help highlight the home's value.<figure id="figure-6a58uvtpagmbu2scfs"><img id="6a58uvtpagmbu2scfs" src="https://cdn.durable.co/getty/2aWnpwl9BrU4rnyp2HmSwEpFHzDjpnuohpDvAHs0BrWgQW6HKEmAS5NXXmgsy5OH.jpeg" alt="home valuation" class="object-cover bg-gray-100 rounded-sm md:rounded-md lg:rounded-lg" style="aspect-ratio: 16/9;" data-mce-src="https://cdn.durable.co/getty/2aWnpwl9BrU4rnyp2HmSwEpFHzDjpnuohpDvAHs0BrWgQW6HKEmAS5NXXmgsy5OH.jpeg" data-mce-style="aspect-ratio: 16/9;"></figure><h2>Common Misconceptions About Appraisals</h2>There are several misconceptions about real estate appraisals that can lead to confusion. One common myth is that appraisals are equivalent to home inspections. While both involve examining properties, appraisals focus on value determination, whereas inspections assess structural integrity and safety issues.<h3>The Role of Technology in Modern Appraisals</h3>Technology has revolutionized the appraisal process in recent years. Digital tools and databases provide appraisers with more accurate and comprehensive data, enhancing the precision of valuations. Moreover, virtual tours and online assessments have become increasingly common, streamlining the process and making it more efficient.<h2>Choosing the Right Appraiser</h2>Selecting a qualified appraiser is crucial for obtaining an accurate valuation. Homeowners should look for appraisers who are licensed and have extensive experience in the Denver market. Recommendations from real estate agents or trusted professionals can also guide homeowners in choosing a reputable appraiser.In summary, understanding real estate appraisals is essential for navigating Denver's vibrant housing market. By familiarizing themselves with the appraisal process and its components, homeowners can make informed decisions, whether buying, selling, or refinancing their properties.

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🏡 Real Estate Appraisal FAQ: What Denver Homeowners Shou...

The Truth About Basement Square Footage in Colorado Appra...

Estate Appraisals in Denver: Essential Insights for Heirs...

Why Accurate Estate Appraisals Matter: A Trusted Resource...

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