Age, Cost Approach and Sales Comparison Approach

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Age

Cost Approach

Sales Comparison Approach

Office Hours Information from March 2025

International Society of Appraisers

MARCH 14, 2025

This is because we use different approaches for determining fair market value and replacement value. When determining fair market value, we use the sales comparison approach to analyze comparable sales data (i.e., Replacement value also takes into consideration relevant costs associated with replacement.

Appraiser/appraisal

Appraiser/appraisal Market Value Appraisal Reports Hypothetical Condition

The Appraisal Report: What It Includes and Why It Matters

Concept Appraisals

MAY 31, 2023

Description of Improvements : Details about structures or improvements on the property, including their condition, quality, and age, are outlined in this section. Approaches to Value : The appraiser uses one or more established methodologies to arrive at a property’s value.

Appraisal Reports

Appraisal Reports Appraiser/appraisal Analysis Valuation

Personal Property Zone

Office Hours Information from March 2025

The Appraisal Report: What It Includes and Why It Matters

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