In the USA, particularly in New York, real estate appraisal involves evaluating a property's market value based on factors like location, condition, recent sales, and income potential. Appraisals are often required for mortgage lending, tax assessments, estate planning, and legal disputes. Licensed appraisers follow standardized methods and comply with regulations set by the Uniform S... https://www.sigmavaluation.com/real-estate-appraisal-practice/