Abstract: The present invention is a system for generating property appraisal reports providing an appraisal of a property. The system includes a portable computing device running software that generates the property appraisal report according to an appraisal report specification. The software causes the computer processor to obtain required information and generate the appraisal report based on an appraisal report specification specifying items to be included in the report, including an estimated value of the property, a video of the property, and information about other properties comparable to the subject property. The appraisal report specification also specifies locations in the report to place the specified item. The software then generates the appraisal report for the subject property according to the appraisal report specification including each specified item in the specified location in the property appraisal report.