How long is a commercial appraisal good for?

A commercial appraisal typically remains valid for 3 to 6 months, but this can vary depending on market conditions and the type of property.

Appraisers usually note the effective date of the appraisal, and lenders or buyers may require a new appraisal if the market changes significantly or if too much time has passed.

For example:

Property Type	Typical Validity
Office/Industrial	3–6 months
Retail	3–6 months
Multi-family	3–6 months
Special-use properties	3 months or case-by-case

If the market is very volatile, an appraisal might become outdated sooner. Lenders and investors often treat appraisals as a snapshot rather than a long-term guarantee.

Related

How long do commercial appraisals take?

How much does it cost to get a commercial property valued?

What is a commercial appraisal?