Qualifications of the Review Appraiser

Contract (PREAS) appraisers and staff appraisers that are credentialed as certified general real estate appraisers or certified residential appraisers by TALCB perform all appraisal review assignments for TxDOT that involve an opinion of value for real estate. The review appraiser also occupies the unique position of arbiter of the many issues presented in the appraisals. Since the appraisals provide the main basis upon which the state endeavors to determine adequate (just) compensation to acquire property, it follows that nothing less than the best possible effort is acceptable.
The appraisal reflects the appraiser's:
  • professional opinion of value;
  • appraisal skills and abilities;
  • knowledge of a specific property;
  • professional judgment in application of recognized methods and techniques that apply to the appraisal assignment, knowledge of local financing, market conditions, market trends and other criteria.