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Real estate appraisal is that the real one? 
 [http://mirwifi.org/wiki/index.php?title=StevensonWaguespack734 StevensonWaguespack734 � MirWiFi]
Real estate appraisal or property valuation is the process of determining the value of the property on the basis of the greatest and the best use of real property (which essentially results in determining the fair market value of the property). The one who performs this real estate appraisal exercise is known as the real estate appraiser or property valuation surveyor. The value as based on property assessment is the fair market value. The real estate appraisal is completed using various techniques and the real estate appraisal values the home as different for difference functions e.g. the real estate assessment might assign 2 different values to the same property (Improved value and vacant value) and again the same/similar property might be assigned different values in a commercial zone and a residential zone. However, the value given consequently of real estate assessment might not be the value that a real estate investor would consider when evaluating the house for investment. Actually, a real estate investor might completely disregard the value that arrives of real estate assessment process. 

The property would be evaluated by a good real estate investor on the basis of the developments going on in the region. Therefore real estate assessment as performed by a real estate investor could produce the value that the real estate investor can get out of the home by buying it at a price and selling it at a much higher price (as in today's). Likewise, real estate investor can do their own real estate assessment for the expected value of the home in, say 2 years time or in 5 years time. Again, a estate investor might perform his real estate assessment based on what value he/she can create by trading some amount of money in the property i.e. a estate investor might decide on buying a dirty/scary type of property (which nobody wants) and get some minor repairs, painting etc done in order to increase the value of the property (the value that the real estate investor would get by selling it in the industry). Therefore, here the meaning of real estate appraisal modifications completely (and can be quite different from the price that real estate appraiser would turn out with the home) on if the real estate appraiser conducted a estate appraisal exercise. 

A real estate investor will usually base his financial commitment with this real estate assessment he does by himself (or gets accomplished through someone). Therefore, could we then term real estate appraisal as an extremely real real estate appraisal?