
Residential Appraisals
Prime Value Appraisals prepares residential home appraisals in Revere and across Suffolk County. Our Licensed and Certified appraisers deliver market-informed valuations for owners, buyers, estate representatives, investors, attorneys, and lenders.
Revere is an independent municipality in Suffolk County, Massachusetts, north of Boston along the Atlantic coast and bordered by East Boston, Chelsea, and Winthrop. Prime Value Appraisals prepares residential appraisals in Revere for owners, buyers, estate representatives, attorneys, CPAs, and lenders, with attention to the characteristics that shape each assignment.
The work is performed by our Senior Appraiser / Founder, Luciano Giorgio, a Certified Residential Appraiser with over 15 years of experience in the region.
An appraisal forms a defensible opinion of a property's market value by considering the real estate itself, the assignment's purpose and intended users, and relevant market evidence such as recent comparable sales. The scope of work, effective date, and intended use shape how that evidence is developed and reported, so two appraisals of the same home can differ when the purpose differs. Luciano Giorgio, our Senior Appraiser / Founder, is a Certified Residential Appraiser with over 15 years of experience in the region.
In Revere we appraise the residential property types the firm handles across its service area, including single-family homes, two- and three-family homes, condominiums and townhomes, and newer construction. Revere's stock includes older wood-frame multi-family homes along with postwar single-family neighborhoods and recent condominium development near transit, so living area layout, legal unit status, construction era, and any renovation history are often central to the valuation.
The scope of work, effective date, and intended use of each assignment determine how these characteristics are weighed. Proximity to the coastline can raise questions about flood exposure for specific properties, and a property's flood-zone status is a documented, verifiable characteristic rather than a basis for assuming a value adjustment.
Valuation methods and the selection of comparable sales depend on the assignment. A feature that is central to one report may carry little weight in another, and no characteristic automatically adds or subtracts a set amount of value. We develop each opinion through the sales comparison, cost, or income approach as appropriate to the property type and intended use, and we describe how the relevant characteristics were considered within the scope of that specific assignment.
Revere is an independent coastal city whose housing stock ranges from older triple-decker-style multi-family homes to postwar single-family neighborhoods and newer mid-rise condominium development, much of it oriented around MBTA Blue Line stations. That range means comparable selection often benefits from attention to unit count, construction era, and proximity to transit rather than relying on citywide averages.
Because Revere sits along the coast, some properties fall within mapped flood zones; a property's location relative to FEMA flood maps is a verifiable site characteristic that may be relevant to the assignment. Whether and how it affects value depends on the specific property, the assignment's intended use, and the evidence developed.
Prime Value Appraisals prepares residential appraisals for several assignment purposes. Each differs in intended use, intended users, effective date, and scope, and the process is tailored accordingly rather than applied uniformly.
Valuations for estate planning, probate, and trust administration, often requiring a retrospective effective date.
Retrospective valuations establishing a property's market value as of a specific past date for estate settlement and step-up in basis.
Impartial valuations supporting equitable distribution, with attention to the effective date and intended users required by the matter.
Defensible opinions of value used to contest assessed values, reflecting the relevant appraisal date and jurisdictional standards.
A pre-marketing opinion of value to help owners and agents set a listing price supported by comparable market evidence.
Independent valuations for buyers and sellers making informed decisions about a pending or contemplated transaction.
Our certified appraisers have extensive experience across a diverse range of residential properties in the Greater Boston Metro Area.
Get Started Today
Please fill out the form for a quick quote, or call us directly. We'll review your property details and get back to you promptly.
978-440-1788