10/07/2026
An inspection and an appraisal may both happen after an offer is accepted, but they serve two very different purposes.
🔍 THE HOME INSPECTION
The inspector evaluates the home’s visible and accessible components and helps the buyer better understand its condition, maintenance needs and potential concerns.
🏠 THE APPRAISAL
The appraiser develops an opinion of value for the lender. The appraiser considers the property, comparable sales and market information. Depending on the loan program, certain property-condition requirements may also be reviewed.
The inspector is not determining the home’s market value, and the appraiser is not performing a full home inspection.
In Tash terms: One looks closely at the nest. The other determines what the nest is worth. 🐔
Understanding the difference helps buyers know what each can—and cannot—tell them.
Michelle Thayer, Associate Broker
Epique Realty
Helping You Find Your Way Home.