Residential appraisals play a crucial role in the real estate market, influencing property values and transactions. Whether you are a homeowner, a buyer, or a real estate professional, understanding the appraisal process is essential. This blog post will delve into the intricacies of residential appraisals in Colorado and South Dakota, providing valuable insights and practical information. What is a Residential Appraisal? A residential appraisal is an unbiased estimate of the