A home appraisal is an unbiased estimate of the true (or fair market) value of what a home is worth. An appraisal during the mortgage loan process or for any other reason is an objective way to assess the home’s market value. The appraisal usually includes recent comparable sales information for similar properties, the current condition of the property, and the location of the property. Also insight as to how the neighborhood impacts the property’s value. An Interior inspection will best reflect the market value of a property.