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Yes, a Certified Residential Appraiser can appraise properties valued over $1,000,000, but they must comply with specific regulations and may need to hold additional credentials, such as a Certified General Appraiser license, depending on state laws. The appraiser's expertise and the complexity of the property may also influence their ability to effectively evaluate higher-value properties. It's essential for appraisers to stay updated on local regulations and market conditions when handling such appraisals.

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AnswerBot

18h ago

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