Mat Surles Appraisal Group, LLC is a real estate appraiser in Mt Pleasant, SC, serving Charleston County, Berkeley County, and Dorchester County. The firm produces appraisal reports for real estate and mortgage transactions, and for other purposes including purchasing or selling real estate, condemnation cases, matters involving government agencies such as the IRS, and civil cases. Its appraisers work with a variety of property types, including income-producing properties, and the practice is independent of brokerage firms.
The firm describes appraisal as a thought process leading to an opinion of value, and its appraisers use three approaches to arrive at an estimate. The Cost Approach considers what it would cost to replace the improvements, less physical deterioration and other factors, then adds the land value. The Sales Comparison Approach analyzes comparable properties in close proximity that have recently sold, and is normally the most definitive indicator of worth for a residential property. The Income Approach is generally used for income-producing properties, based on what an investor would pay relative to the capital a property would bring in. Each report reflects a credible estimate of value and identifies location and building values.
The firm draws a distinction between an appraisal and a comparative market analysis. A CMA uses market trends and delivers a ball park figure, while an appraisal depends on definite comparable sales. An appraisal is documented and defensible, and stands up in legal situations. The firm also notes that an appraiser is not a home inspector and does not perform a complete home inspection; a third-party home inspector evaluates the structure of a home, from the roof to the foundation, including heating and central air conditioning systems, interior plumbing and electrical systems, the roof, attic, and accessible insulation, walls, ceilings, floors, windows and doors, and the foundation, basement, and visible structure.
The office is located at 636 Long Point Rd Unit G #100 in Mount Pleasant.
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