FedVal, LLC is a prominent appraisal firm located in Providence, Rhode Island, established in 2024 by Mark Hugo. The firm specializes in commercial real estate appraisals, including complex property types such as lodging, retail, and special use properties. What sets FedVal apart is its commitment to innovation, leveraging proprietary artificial intelligence technology to deliver precise, independent analyses and enhance traditional appraisal processes. This focus on technology allows FedVal to tackle a variety of appraisal challenges across New England, providing comprehensive services that include HUD-compliant Section 8 rent comparability studies, opinions of insurable value, and forensic appraisals.
The team at FedVal consists of Certified General Real Estate Appraisers who bring extensive experience and a proven methodology to their work, maintaining high standards through rigorous internal quality assurance processes. They understand the importance of customization and work closely with clients to ensure their appraisal reports meet all regulatory requirements.
FedVal serves a diverse clientele, including attorneys, real estate owners, financial institutions, and government entities, building strong partnerships through expert analyses tailored to each client's unique needs. The firm operates across several states, including Rhode Island, Massachusetts, New Hampshire, Connecticut, and Maine, showcasing their expansive reach and capabilities in the appraisal field. By exclusively focusing on commercial property appraisal services, FedVal eliminates any potential conflicts of interest associated with brokerage or residential appraisal work, providing clients with unbiased, expert evaluations.
