Appraisal Report An appraisal is a report that provides an opinion of value of the subject property and supports that opinion with the utilization of 3 approaches: a comparable sales approach, a cost approach, and an http://www.brokeroutpost.com/reference/23614.htm (Updated: 03/03/2006) Related Reference Topics: [appraisal, appraiser, licensed appraisal, 1004]