06/27/2026
๐จ BIG Changes Are Coming to Real Estate Appraisals! ๐ก๐ Starting November 2026
If you're a Realtor, Loan Officer, buyer, or seller, here's something you need to know.
Beginning this year, Fannie Mae and Freddie Mac are rolling out the new Uniform Appraisal Dataset (UAD) 3.6, replacing the appraisal reporting system that has been used for over 15 years.
So...what does that actually mean?
Here are the biggest changes you can expect:
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One new dynamic appraisal report will replace many of the forms appraisers have traditionally used.
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Appraisers will collect significantly more property data, including things like energy-efficient features, solar panels, accessibility features, construction details, broadband availability, and much more.
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Property inspections may take longer. Appraisers won't just be measuring the home, they'll be documenting far more information than ever before.
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Expect more questions. Sellers and listing agents may be asked about renovations, roof age, HVAC systems, improvements, permits, and other property details to help ensure an accurate report.
Will appraisal fees increase?๐ค
In my opinion, it's very possible.
Think about it this way: if the scope of work expands, the time required to complete an assignment usually expands as well.
Appraisers will spend more time โฐ๏ธ:
โข Inspecting properties
โข Collecting and verifying additional data
โข Learning new software and reporting requirements
โข Completing more detailed reports
That increased workload may naturally lead to higher appraisal fees in many markets.
๐ก What does this mean for buyers?
If appraisal fees increase, buyers may notice slightly higher closing costs since the buyer typically pays for the appraisal as part of the mortgage process. While it may add some upfront cost, the goal is a more comprehensive and consistent valuation that supports sound lending decisions.
๐ What does this mean for sellers?
Be prepared for:
โข Slightly longer appraisal appointments
โข More questions about your home
โข Requests for documentation related to upgrades and improvements
Having receipts, permits, warranties, or a list of recent renovations readily available can help the appraisal process go more smoothly.
๐ค๐พ What does this mean for Realtors?
This is a great opportunity to educate your clients and set realistic expectations. During the transition, appraisal timelines may be a little longer as appraisers adapt to the new reporting requirements. Helping sellers gather information before the appraisal appointment can also make the process more efficient.
At the end of the day, these changes are designed to improve appraisal consistency, increase transparency, and modernize the valuation process for today's housing market.
Have you heard about UAD 3.6 yet? I'd love to hear your thoughts! ๐๐พ
