Which section in a narrative appraisal report summarises the conclusions drawn by the appraiser?

In a narrative appraisal report, the section that specifically summarizes the conclusions drawn by the appraiser is referred to as the conclusion section. This part of the report encapsulates the findings and insights gained throughout the appraisal process, reinforcing the appraiser's final property valuation and any significant observations made during the evaluation.

The conclusion section is essential as it clearly communicates the appraiser's final thoughts and ensures that the reader understands the basis for the valuation. This summary aids in clarifying complex analysis and presenting actionable outcomes derived from the data collected and analyzed in the preceding sections of the report.

While other sections such as market analysis, summary section, and reference section provide valuable context and supporting details, they do not specifically focus on the appraiser's ultimate conclusions. The market analysis conveys information about the local real estate market trends and comparable properties, whereas the summary section typically gives a brief recap of the entire report. The reference section lists the sources, documents, and data used to substantiate the appraisal findings. Thus, the conclusion section stands out as the decisive part where the appraiser consolidates their insights and recommendations.