How long is an estimation valid?

There is no legal expiration date for a home appraisal, but generally, a period of one year is considered a reasonable guideline. After this period, the value of the home may change due to various factors.

The real estate market and economic conditions are constantly evolving, which can cause the value of a property to rise or fall. Factors such as changing interest rates, supply and demand in the area, inflation, and new developments nearby can all affect the current market value.

Want to ensure an up-to-date and accurate valuation? It's advisable to request a new appraisal after one year.