Remove Analysis Remove Cost Approach Remove Income Approach
article thumbnail

From Vintage to Valuable, Understanding the Appraisal of Antiques

Antiques Dealer

The most common methods include the following: Comparative Market Analysis (CMA) This method involves comparing the antique to similar items recently sold. Cost Approach This method determines the cost of replacing the antique item with a similar one. Contact antique appraisal Los Angeles to determine the actual cost.

article thumbnail

Choosing the Right Appraisal Professionals for Accurate Property Valuation

Prime Appraisals

Market Analysis: Appraisers analyze the local real estate market, considering factors like supply and demand, market trends, and recent property sales. This analysis helps them arrive at an accurate valuation. They also research similar properties that have sold in the area.