Licensed appraisers estimate a home’s value. They do this by assigning value to the plot of land on which the building is to be built, of the property that is to be refurbished and then comparing it to comparable properties. The properties used for comparison are referred to as “comps” and they inform the perceived value of your property.

Yes, you would need to show the projects that you have done that are similar and recent, or some kind of experience that is commensurate to the project that you are looking to do.