
Condition Rating
Condition rating is a professional assessment of a property's physical state and how well it has been maintained. It typically ranges from poor (showing significant wear, damage, or outdated features) to excellent (well-maintained, updated, and in great shape). This rating helps buyers, sellers, and appraisers understand the property's overall condition, guiding decisions on value, repairs, and investments. Essentially, it provides a standardized way to describe how physically sound and functional a property is at a given time.