How does a drive-by appraisal work?
The appraiser visits the address, photographs the front of the home and the street, and notes the exterior condition and the neighbourhood. They do not go inside, so they rely on records and listing history for the interior, and assume it is in a condition consistent with what they can see.
When is a drive-by used?
Lenders use drive-by appraisals for lower-risk files, such as home equity loans, HELOCs and smaller refinances. Private lenders and MICs sometimes ask for one as part of their own review. The lender decides whether an exterior-only report is acceptable.
Drive-by vs full appraisal
A full appraisal includes the interior, so it captures renovations, finishes and problems a drive-by cannot see. If your home has been substantially updated inside, a full appraisal is more likely to reflect that in the value.
Order a drive-by appraisal through AppraisalDesk
Tell us the address and the lender’s requirements. We assign a qualified local appraiser, and since no access is needed there is nothing for the homeowner to schedule.
- See the price before you place the order
- Your order is assigned to a qualified local appraiser
- Real-time updates by text and email, and online order tracking
- The borrower can pay online by secure link
- Download the report online and message the appraiser
Frequently asked questions
How much does a drive-by appraisal cost?
Usually less than a full appraisal, because there is no interior inspection. Each property and file is different, and you see the price before you order.
Do I need to be home for a drive-by appraisal?
No. The appraiser stays outside the property, so no appointment or access is needed.
Will my lender accept a drive-by appraisal?
Lenders set their own rules and usually limit drive-by reports to lower-risk files. Confirm with your broker or lender, then tell us their requirements when you order.
Does a drive-by appraisal account for renovations inside?
Not directly, since the appraiser does not go in. If major interior work has been done, ask your lender whether a full appraisal would suit the file better.