Why might an appraiser require a property survey during the appraisal process?

An appraiser might require a property survey during the appraisal process primarily to confirm property boundaries and check for encroachments. Understanding the precise boundaries of a property is crucial in appraisal, as it directly impacts the value of the land. A survey provides clear and accurate delineation of the property lines, ensuring that the appraiser can assess the property within its actual physical limits.

This helps in identifying any potential issues such as encroachments, where a neighboring property may extend over the property line or vice versa. Such situations can significantly affect property value and marketability, as unresolved boundary disputes can lead to legal complications and financial implications for potential buyers.

While other aspects such as renovation costs, property value assessment, and zoning issues may be relevant to the overall appraisal, they do not specifically relate to the need for a survey. A survey is essential for providing foundational information regarding the property's physical characteristics and legal standing, which is crucial for an accurate appraisal.