Short answer
A real estate appraisal estimates value for a stated purpose and date. It should be prepared by a qualified appraiser whose current registration and scope match the assignment. In Yucatan, INSEJUPY's appraisal-validation procedure is separate from the private professional service and fee.
Last reviewed: July 13, 2026. Confirm current requirements with the responsible notary, authority, lender, or tax adviser for your transaction.
What an appraisal should identify
The report should state the property, purpose, effective date, documents reviewed, inspection, measurements, construction, condition, methodology, comparable evidence, assumptions, limitations, value conclusion, and the appraiser's identity and current credentials.
Different purposes can require different evidence or rules. A bank, tax matter, estate, court, insurance file, negotiation, or notarial transaction may not accept the same report.
Who prepares and who validates
The appraiser prepares and signs the valuation. Verify that person is active in the applicable state registry and qualified for the assignment. INSEJUPY describes an official process for validation of real estate appraisals; its current procedure, requirements, and official charge are published at the Yucatan procedures portal.
The official validation charge shown by the government is not the appraiser's private professional fee. Request a written quote that separates the appraisal service, official charges, taxes, travel, plans, certificates, and any additional work.
What the appraisal does not prove by itself
An appraisal does not replace title, registry, cadastral, survey, structural, environmental, land-use, tax, or notarial review. It also does not guarantee a resale price or future appreciation.
Before buying, use the report alongside the Valladolid buying guide, closing-cost guidance and licensed-adviser verification. Casas publishes its INSEJUPY credential proof.
For help organizing a property review, contact the team through WhatsApp.
Frequently Asked Questions
Is the appraisal price the final sale price?
No. It is an opinion for a defined purpose and date. The negotiated price and acceptance by a lender or authority are separate matters.
Does INSEJUPY prepare the appraisal?
The appraiser prepares it. INSEJUPY publishes the separate state validation procedure.
Is the government validation charge the full appraisal cost?
No. It is an official charge, not the private appraiser's fee or every related expense.
Can one appraisal be used for every purpose?
Do not assume so. Ask the receiving notary, bank, authority, or professional what report and validity they require.
