If an appraiser made a personal inspection three years prior, can they certify a current inspection based on that previous one?

The answer indicates that the previous inspection is not considered part of the current assignment’s scope. In appraisal practice, particularly in accordance with USPAP (Uniform Standards of Professional Appraisal Practice), each assignment is distinct and requires the appraiser to provide a fresh, independent analysis based on current data and observations.

When conducting an appraisal, it is important to assess the property’s condition and market conditions at the time of the assignment. A personal inspection is a key component of this process, as it provides critical insights that may affect the valuation. An inspection that took place three years prior may not reflect the current state of the property or the market, due to potential changes such as renovations, deterioration, or shifts in economic conditions.

Thus, an appraiser cannot rely on outdated information to certify a new inspection without re-evaluating the property. This ensures that the appraisal results are accurate, reliable, and relevant to current lending or market standards, aligning with USPAP requirements for competency and accuracy in the reporting process.