Parkside Appraisal Services, Inc.

 

Home valuation consultation, Servicing the greater bay area since 2000

ABOUT US

Parkside Appraisal Services, Inc. provides experienced, professional appraisers for your residential home valuation needs.  We offer a variety of products, including a “current” or “retrospective” opinion of market value, rent analysis, building structure measurements, and general consultation for a variety of circumstances.  Our service is prompt and delivered at competitive rates.

 

The company was established in the year 2000 and is headquartered in San Jose with a satellite office in Marin.  Owners, Greg and Christine Schnetz are long-time residents of the Bay Area.  Greg Schnetz is a California state certified appraiser and graduate of Santa Clara University with experience in the real estate industry since 1987.  Christine Schnetz is a graduate of UC Santa Barbara and a California-state licensed appraiser with industry experience since 2000.

 

Our Services

 

Special notice to our Clients.  We offer credible, industry-accepted appraisal products in which the interior of the dwellings are not physically inspected by the appraiser.  This includes the ability for you to provide us with your own photographs.  call us at (408) 839-9800 to discuss options.

 

 

INTERIOR/Exterior Appraisal

The interior and exterior of the residence is viewed by the Appraiser.  The specific condition/quality of the improvements are observed first-hand, and building measurements are optionally included as part of the process.  An interior appraisal is particularly recommended in a purchase or sale transaction.  If you choose the lower cost option of excluding building measurements, the size of the dwelling is ascertained from available public records data.

 

Exterior-Only Appraisal

The Appraiser views the property from the exterior, and does not enter the dwelling.  The inspection is typically limited to the front and street areas, however the rear yard can be accessed with permission, and you may "optionally" provide us with interior photographs (interior dwelling and/or rear yard photos are not "required").  Building measurerments are not included in an exterior-only appraisal, therefore the size of the dwelling is ascertained from available public records data.  Benefits include a lower cost versus that of a Full Appraisal, and the fact that the occupants do not need to be disturbed.  Furthermore, a specific inspection time is not required which results in greater flexibilty to complete the assignment in a timely manner. It is important to keep in mind that the valuation results may be impacted by the quality of information offered by the client, as the Appraiser does not have the benefit of fully viewing the property.

 

Desktop Appraisal

The property is not physically viewed by the Appraiser.  All research is completed remotely, by computer, and all data and information are ascertained from available public records and satellite imagery.  You may "optionally" provide us with selected photographs.  This is the least expensive appraisal option, and is commonly used in certain retrospective valuations, or instances in which a physical property inspection is not possible. It is important to keep in mind that valuation results may be impacted by the quality of information offered by the client, as the Appraiser does not have the benefit of physically viewing the property.

 

Building Sketch

There are instances in which the size of a particular structure needs to be verified, and no valuation of the property is needed.  We offer such a service for sketch measurements that follow generally accepted industry guidelines.  Full interior/exterior access of the structures is required.  Typically, interior rooms and walls are not measured unless deemed necessary in the context of the assignment.  Please be advised that the Appraiser is not able to verify the legality of the structures (such records can be obtained from the local planning/buliding permits department).  The sketch is provided on standard appraisal software and is accompied by a brief cover letter summarizing the results (this is not a formal architectural or blue prints sketch).  This service is commonly utilized by buyers, sellers and real estate agents when a property is being marketed, however it is pertinent to other situations as well.

 

MARKET RENT ANALYSIS

We can provide you with an estimate of Market Rent, based on comparable properties advertised in the area. Please be advised that data is limited to publicly published rents.

 

BUILDING COST ANALYSIS

We can provide a "Cost Approach" to value for circumstances requiring an estimate of building costs (often requested by City or County Building Departments during the course of renovations).

 

*Contact us today for a Quote.

Fees may vary depending on the property location; size of the structures; and general complexity of the assignment. Payment for all services is preferred at time of inspection.  Credit Cards are accepted.

*Our services pertain to 1-4 unit residential dwellings.  (Sorry, we do not provide services for dwellings with 5 or more units, commercial properties, personal property, or "expert-witness" testimony).

 

Parkside Appraisal Services, Inc is an S-Corporation, and is not affiliated with any other appraisal business entities.

 

 

 

 

Common Questons

 

Why do I need an appraisal?

Whether you are a homeowner, prospective buyer, estate trustee, or real estate agent, an independent 3rd party appraisal from a qualified professional is certain to provide you with valuable information.  The appraiser offers a written "opinion" as to the most probable market value of a property as of a specific date.  In the case of a sale transaction, the existence of competition may impact the final sales price, however your appraisal represents a credible starting point prior to the negotiating process.  An added benefit is that the appraiser can measure the dwelling in order to verify its size.

 

The Lender ordered an appraisal, so do I need to hire my own Appraiser?

It may be advisable to do so.  A lender requests an appraisal for the specific purpose of risk assessment in their mortgage financing decision.  But did you know the contents of that appraisal cannot be relied upon with legal certainty by anyone other than the lender or their specifically named intended user?  There are also many instances in which a lender waives the requirement for an appraisal, or simply relies upon an online valuation tool with no physical inspection of the property involved. Think of your own appraisal as "consumer protection" in one of the largest investments you will ever make.

 

Is an online valuation service aCCURATE?

Many factors contribute to the value of a home.  An online service cannot see the condition, location, quality, or even general curb appeal of a property.

 

When should I consult AN Appraiser?

  • Home sale or purchase
  • Date of Death valuation
  • Estate or gift tax reporting required by IRS
  • Property renovations
  • Market Rent analysis
  • Verification of Building measurements