Age, Insurance Policy and Sales Comparison Approach

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Age

Insurance Policy

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., Note that the definition of replacement cost comparable mentions age. sold prices).

Appraiser/appraisal

Appraiser/appraisal Market Value Appraisal Reports Hypothetical Condition

What Kind of Appraisal?

Drishti LLC Appraisers

APRIL 16, 2021

For one-of-a-kind artworks, the basis for comparables is usually other works by the same artist, or artwork of similar renown, age, materials and genre. An insurance appraisal is also used for estate planning purposes, as well as insurance policies and claims.

Appraiser/appraisal

Appraiser/appraisal Appraisal Reports Market Value Sales Comparison Approach

Personal Property Zone

Office Hours Information from March 2025

What Kind of Appraisal?

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