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Residential appraisal services
With over 23 years of appraisal experience, Good Faith Appraisals provides many appraisal products, both conventional and FHA: single family, 2–4 unit, condominium, desktop or hybrid, exterior-only, appraisal reviews, market analysis and more.
New URAR · UAD 3.6
UAD 3.6 Report Specialist
Built for the new URAR: clean, data-accurate reports that pass review.
UAD 3.6 is Fannie Mae and Freddie Mac’s redesigned appraisal dataset. Its single, dynamic Uniform Residential Appraisal Report (URAR) replaces the 1004, 1073, 1025, 2055 and other legacy forms, and it is now required for new GSE submissions. The new report captures far more structured data, so accuracy matters more than ever, and Chris brings over 23 years and over 16,000 appraisals to the new standard.
Order a UAD 3.6 Appraisal- Ready for the new URARUAD 3.6 reports, now required for new GSE submissions.
- Measured to ANSI standardsSquare footage, sketches and required photos documented the way UAD 3.6 asks.
- Clear condition & quality ratingsInterior and exterior ratings supported by the property detail.
- Data-accurate reportsStructured, consistent data built to pass review the first time.
Products
Appraisal products
Conventional and FHA appraisals for lenders and AMCs, completed by a certified residential appraiser licensed in South Dakota, Minnesota and Iowa.
New URAR · formerly FNMA 1004
Single family appraisal
This is the standard single-family home appraisal. What is your home worth? We will give you a professional opinion that is trusted by major lenders across the country. An appraisal is an opinion, not a fact, but it is a very educated opinion. We inspect and report the characteristics of your home and compare it to the most similar sales available at the time in your market area.
New URAR · formerly FNMA 1025
2–4 unit appraisal
A 2 to 4 unit appraisal is a specialized report that requires specialized expertise. We give you an appraised value based on comparables, rentable bedrooms, gross rent multiplier (GRM) and more, and the report includes a comparable rent analysis for your market area.
New URAR · formerly FNMA 1073
Condominium appraisal
Condos can look like apartments or town homes; the building design does not make a property a condo. A good condominium appraiser considers comparables, market trends, condo association health and amenities when determining an accurate appraised value. Sioux Falls condo appraisals →
Desktop · hybrid
Desktop or hybrid appraisals
One of the fastest growing segments in appraisal products is the desktop or hybrid appraisal. We have been completing different versions of desktop appraisals for over 23 years. Many banks use their own proprietary forms for these, and that is not a problem for us to complete.
FNMA 2000 or 2006
Appraisal reviews
We have been doing appraisal reviews for over 23 years and have completed thousands of field reviews and desk reviews. We have the expertise to separate an appraiser from an appraisal report.
Desktop form
Comp check or market analysis
Has the old-fashioned “comp check” been outlawed by the appraisal industry? No. Comp checks are fine, and Good Faith Appraisals will do them. The only thing to realize is that a comp check is an appraisal. We can do them on a desktop form, which is convenient for you.
Private appraisals
Appraisals for homeowners
When there’s no loan involved, a private appraisal gives you a professional, well-documented opinion of value.
- Estate appraisals
- Family sales
- PMI removal
- Comp check / market analysis
Lenders & AMCs
Conventional and FHA reports, desktop and hybrid products, and appraisal reviews. Send orders or questions to
chrisv@goodfaithappraisals.comor call
605-929-9355Order an AppraisalReady to work together?
Lenders, AMCs and homeowners can reach Chris directly.