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Real estate appraisal is that the real one? 

Real estate appraisal or property valuation is the method of determining the value of the property on the basis of the greatest and the greatest use of real property (which essentially translates into determining the fair market value of the property). The person who performs this real estate appraisal exercise is named the real estate appraiser or property value surveyor. The value as dependant on real-estate appraisal could be the fair market value. The real estate appraisal is completed using various practices and the real estate appraisal values the house as different for difference functions e.g. The actual estate assessment might assign 2 different values to the exact same property (Improved value and vacant value) and again the same/similar property might be assigned different values in a residential zone and a commercial zone. However, the value given as a result of real estate appraisal mightn't be the value when evaluating the property for investment a real estate investor would consider. Actually, a real estate investor might totally disregard the value that comes out of real estate assessment process. 

The property would be evaluated by a good real estate investor on the basis of the improvements going on in the region. So real estate assessment as done by a real estate investor could develop the importance that the real estate investor will get out of the property by getting it at a price and selling it at a higher price (as in today's). Equally, real estate investor can do their own real estate appraisal for the estimated value of the house in, say 2 years time or in 5 years time. Again, a estate investor might perform his real estate assessment based on what value he/she can cause by investing some amount of money in the property i.e. a estate investor might decide on purchasing a dirty/scary sort of property (which no-one likes) and get some slight repairs, painting etc done in order to boost the value of the property (the value that the real estate investor could get by selling it in the industry). Therefore, here the meaning of real estate appraisal changes completely (and can be very different from the price that real estate appraiser could turn out with the house) on if a real estate appraisal exercise was conducted by the real estate appraiser. 

A real estate investor will generally base his investment decision on this real estate appraisal that he does by himself (or gets performed through someone). So, could we then term real estate appraisal as a really real real estate appraisal? [http://coloradospringsteamrealestate.com/ colorado springs colorado homes for sale online]