Appraisal Reports Authenticity Cost Approach 
International Society of Appraisers
MARCH 14, 2025
Further, appraisal reports must follow the latest version even if the appraiser has NOT taken the latest course. 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.
Fine Art Estates
JANUARY 7, 2022
An insurance appraisal seeks to provide an estimated cost of what a collector would require to make the collector whole again if their art is ever damaged or stolen. A sample appraisal report also needs to be submitted and reviewed by a committee of certified appraisers. are scanned and inserted into the report.
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