What are some physical hazards that appraisers look for during property inspections?

Appraisers are tasked with assessing various facets of a property during inspections, particularly focusing on physical hazards that could impact safety and the overall value of the property. The chosen response highlights critical concerns such as mold, structural damage, code violations, and safety risks.

Mold can create serious health issues and indicate underlying moisture problems, often leading to structural damage if not addressed. Structural damage, including issues with the foundation or walls, directly affects the integrity and safety of the building, which is paramount in property appraisals. Code violations indicate non-compliance with local building codes, potentially exposing the property to legal liabilities and influencing its marketability and resale value. Safety risks encompass any elements that could pose dangers to occupants, such as unstable staircases or inadequate fire safety measures.

By focusing on these areas, appraisers ensure that the property complies with current standards and provides a safe environment for its occupants, which are crucial factors in determining market value and responsibility in ownership.