People often confuse the word Appraisal with comparable market analysis or market value. When looking at property the tax assessor places a tax value on the home. When you are going to buy or sell your agent will do an analysis based on the recent sales and activity which gives you a market value, or what a ready, willing, and able buyer may pay for the home. A lender or even a home owner can order and pay for a formal appraisal. This is an in dependent person that analysis the market and and goal is to justify the contract price. Most appraisals are ordered once a contract is written. They need to find at least 3 recent comparable properties which have closed, they need to be an "arms length" sale. This means a typical sale.
My advice is to have a buyers agent work for you. They will help you determine the market for St Mary's and other homes you have an interest in.... more