Appraisers can do evaluations. However, if they do them, the evaluation ascends to an appraisal, thus must meet USPAP as well as state appraisal statutes (unless state law says otherwise); Non-appraisers are not held to USPAP Standards when doing evaluations; The market for evaluations is large and growing.

What is the difference between an appraisal and an evaluation?

is that appraisal is a judgment or assessment of the value of something, especially a formal one while evaluation is an assessment, such as an annual personnel performance review used as the basis for a salary increase or bonus, or a summary of a particular situation.

What does an appraiser evaluate?

An appraiser’s job is to determine the current value of a property for the potential buyer. Most of the work to determine the value of a real estate appraisal is done during an on-site inspection, where the appraiser will: … Appraise the value of any amenities, such as a swimming pool, finished basement, or built-in bar.