The Difference Between a Home Appraisal and a Home Inspection

Many people use the terms home appraisal and home inspection interchangeably — but they are completely different services performed by different professionals for different purposes.

What Is a Home Inspection?

A home inspection is a visual examination of a property's physical condition. A licensed home inspector evaluates the structure, roof, electrical systems, plumbing, HVAC, and other components to identify defects or safety issues. Inspectors do not determine value — they determine condition.

What Is a Home Appraisal?

A home appraisal is an independent opinion of a property's market value prepared by a licensed or certified appraiser. Appraisers analyze comparable sales, market conditions, and property characteristics to determine what a property is worth.

When Do You Need an Appraisal?

• Refinancing your mortgage
• Buying or selling a home in a cash transaction
• Settling an estate
• Going through a divorce
• Appealing your property taxes
• Making a major financial or legal decision involving real property

Contact Mantis Valuation Advisors to learn more about our appraisal services in Sarasota, Manatee, and Charlotte counties.