Appraisal changes starting November 2, 2026

What the November 2 Appraisal Changes Mean for Home Buyers and Sellers

What’s Changing?

Beginning November 2, new appraisal submissions to the Uniform Collateral Data Portal (UCDP) will transition to UAD 3.6. The traditional appraisal forms will also be replaced by a new, dynamic Uniform Residential Appraisal Report (URAR).

Instead of relying on a few standardized forms, the new system is designed to provide a more flexible and comprehensive way to report property information.

Does This Mean Home Values Will Change?

Not necessarily.

The November 2 changes are primarily about how appraisal data is collected and reported, rather than creating a new formula for determining a property's value.

Appraisers will continue to consider factors such as:

• Recent comparable sales

• Property size and features

• Location and market conditions

• Quality and condition

• Improvements and renovations

• Other characteristics that may affect market value

The new reporting system is intended to provide more detailed and standardized property data, but it does not automatically increase or decrease a home's appraised value.

What Does This Mean for Buyers and Sellers?

For most consumers, the biggest change will happen behind the scenes.

If you're buying or refinancing a home around the November 2 transition date, your lender and appraiser may be working with the new UAD 3.6 system and redesigned appraisal report.

That means the appraisal you receive may look very different from the familiar reports you've seen in the past.

The transition is also important for lenders, appraisers, and other professionals involved in the mortgage process because their systems and workflows must be prepared for the new reporting requirements.

The Bottom Line

The November 2, 2026 transition represents a major modernization of residential appraisal reporting. While the format and data requirements are changing, the fundamental purpose of an appraisal remains the same: providing an independent opinion of a property's market value based on relevant market and property information.

If you're planning to buy, sell, or refinance, it's worth asking your lender or real-estate professional how the transition may affect your particular transaction.

As the new system rolls out, understanding the difference between changes to the appraisal process and changes to property value will be especially important.