For over 30 years we have provided Kentucky & Indiana with real estate appraisals second to none in quality and customer service.
Appraisal of Kentucky is a full service real estate appraisal company specializing in all types of commercial and industrial properties and has a appraised some of the most complex real estate in the Louisville Metropolitan Statistical Area. We e service Jefferson County, Kentucky, together with eight additional surrounding Kentucky counties, and four Indiana counties. We appraise all types of real estate, specializing in residential properties.
See Qualifications for our founding partner Robert Hall.
For over 30 years we have provided the highest quality independent, appraisals for a wide range of residential, small multi-family, agricultural, and select light commercial properties. Every appraisal is prepared with precision, integrity, and market expertise, tailored to the intended use of the report and the specific needs of each client or institution. The service we offer is second to none. Deliveries are made on the agreed upon due date, not early and never late.
Single-Family Residences
From suburban homes to custom-built dwellings, we provide thorough analyses reflecting current market conditions, location influences, and construction quality.
One- to Four-Family Residential Income Properties
We regularly appraise duplexes, triplexes, fourplexes, and small apartment complex up to twelve units. We provide reliable income and market-based valuations to support investor, buyer, and lender decisions.
Residential Building Lots and Vacant Land
Our firm evaluates residential sites intended for new construction or redevelopment, accounting for zoning, utility availability, and comparable land sales.
Farms and Land with Acreage
We appraise agricultural properties, hobby farms, and larger parcels of land, providing valuations that reflect location, soil quality, improvements, and potential use.
Small Commercial Properties (Under $1 Million)
We accept select assignments for light commercial properties such as small offices, mixed-use buildings, and owner-occupied spaces under $1 million, applying the same rigor and professional standards as larger assets.
Mortgage and Financing
Our appraisals support mortgage origination, refinancing, and home equity transactions by providing credible, well-supported opinions of market value.
Estate Planning
We assist attorneys, fiduciaries, and financial professionals in establishing documented property values for estate planning purposes, providing a reliable foundation for long-term financial strategies.
Estate Settlement
Following the passing of a property owner, our independent valuations aid in equitable property distribution or liquidation. Reports can support probate and IRS reporting requirements.
Divorce Proceedings
Our impartial appraisals help ensure fair property division in divorce proceedings, providing unbiased, confidential valuations for legal and negotiation purposes.
Speculative and Investment Analysis
We provide objective analyses for investors assessing potential acquisitions, development opportunities, or market trends, helping clients make informed decisions.
Cash Purchases
For buyers purchasing property without lender involvement, we provide independent appraisals that confirm market value and help ensure fair transactions.
Pricing Strategies
We work with real estate professionals and property owners preparing to list homes or small income properties, offering appraisals that establish competitive, market-driven listing prices.
Consultations
Clients seeking professional guidance before entering a transaction can speak directly with our appraisers for market insight, valuation considerations, and strategic advice.
U.S. Department of Veterans Affairs (VA)
We conduct VA appraisals for eligible veterans and active-duty service members, ensuring compliance with the VA’s Minimum Property Requirements (MPRs) for safety, sanitation, and structural integrity.
Federal Housing Administration (FHA)
FHA appraisals assess value and habitability for FHA-insured loans, confirming compliance with HUD standards and protecting borrowers and lenders.
Fannie Mae
Appraisals for Fannie Mae support conventional loans purchased by the agency, providing market-based valuations in line with Fannie Mae guidelines.
Freddie Mac
Similar to Fannie Mae, Freddie Mac appraisals ensure that conventional loans meet eligibility criteria and property standards.
U.S. Department of Agriculture (USDA) Rural Development
USDA appraisals support loans through the Single Family Housing Guaranteed Loan Program, evaluating property location, size, and condition to meet USDA requirements.
Private Banks and Conventional Lenders
We provide accurate market valuations for private banks and conventional lenders, ensuring loans are properly secured and compliant with lending standards.
Private Banking & Trusts
We assist private banking clients and trusts with property valuations for estate planning, wealth management, and fiduciary purposes, supporting informed financial decision-making.
Private Individuals and Investors
We work directly with individuals and private investors seeking professional appraisals for personal knowledge, investment analysis, or market insight, providing independent, unbiased opinions of value.
Government Agencies
We partner with local, state, and federal government agencies requiring independent property valuations for public projects, compliance, taxation, or regulatory purposes, ensuring transparency and accuracy in all assignments.
When you contact us here at Appraisal of Kentucky we begin by asking questions about your specific needs:What is the Purpose or Intended Use of the appraisal you are considering? Who is going to use the appraisal? This is referred to as the Intended User. What type of property you have? To learn more about Property Types. By understanding your specific needs, and the nature of your property, we are able to advise you regarding which Type of Appraisal best suits your Purposes. For the lowest Appraisal Cost.
Once it is determined what the most economical Appraisal Type which best suits your needs, and helps you achieve your goals, we complete your appraisal with the highest level of attention to detail, and top-notch report writing in the industry. With regard to the Louisville Metropolitan Area, including counties Clark & Floyd Counties in Indiana, Bluegrass we have been completing appraisals of all types of properties for over 30 years.
The Uniform Standards of Professional Appraisal Practice (USPAP) are the congressionally recognized ethical and performance standards for appraisal practice in the United States. States. Published by the Appraisal Standards Board of The Appraisal Foundation (TAF), USPAP provides the rules and guidelines for appraising real estate, personal property, and business valuation to ensure reliability, integrity, and public trust. These standards are updated biennially and enforced at the state level or by professional organizations.
Key Aspects of USPAP include:
Purpose: To promote public trust in the appraisal profession by establishing minimum standards for professional conduct and appraisal quality.
Scope: USPAP applies to various appraisal disciplines, including real property, personal property, intangible assets, and business valuation.
Development & Maintenance: The Appraisal Standards Board (ASB) of The Appraisal Foundation (TAF) is responsible for developing and updating USPAP.
Compliance: State-licensed and certified appraisers are required to comply with USPAP for federally related transactions.
Structure: USPAP consists of ethical rules and standards for developing and reporting appraisals, ensuring consistency and reliability.
USPAP is a critical component of the US economy for the following reasons:
Public Trust: It ensures the public receives credible and reliable appraisal services.
Ethical Conduct of Appraisers: It sets the standard for how appraisers should conduct themselves professionally.
Legal Recognition: USPAP is recognized by federal laws like the Financial Institutions Reform, Recovery and Enforcement Act of 1989 (FIRREA).
Professional Credibility: Compliance with USPAP is an important credential for appraisers and is recognized by entities like the Internal Revenue Service (IRS).