International Society of Appraisers

MARCH 14, 2025

You need to analyze comparable sales data in the most common market where transactions to the public most frequently occur. the market in which sales to the public most frequently occur). Consider the purchase prices and comparable sales first. Note that the definition of replacement cost comparable mentions age.

Appraiser/appraisal 52

Appraiser/appraisal Market Value Appraisal Reports Hypothetical Condition 52

Drishti LLC Appraisers

APRIL 16, 2021

For example, a client cannot use a restricted appraisal as a basis for a sales price with an auction house or antique dealer. 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. It is not used for forced sale or bankruptcy situations.

Appraiser/appraisal 40

Appraiser/appraisal Appraisal Reports Market Value Sales Comparison Approach 40

Concept Appraisals

MAY 31, 2023

The market analysis goes a step further, studying the broader real estate market trends in the area, such as supply and demand dynamics, pricing trends, and the pace of sales. Description of Improvements : Details about structures or improvements on the property, including their condition, quality, and age, are outlined in this section.

Appraisal Reports 52

Appraisal Reports Appraiser/appraisal Analysis Valuation 52