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What You Need to Know about Condemnation in Appraisals

Concept Appraisals

The fair market value is generally determined based on comparable sales of similar properties, income the property generates, and the cost of replacing the property minus depreciation. These are commonly referred to as the Sales Comparison Approach, Income Approach, and Cost Approach respectively.

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Choosing the Right Appraisal Professionals for Accurate Property Valuation

Prime Appraisals

In this article, we'll delve into the world of appraisal professionals and explore why choosing the right ones is essential. These factors include the property's condition, location, recent sales of similar properties, and local market trends. Property appraisal involves assessing various factors that can influence a property's value.

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How Do I Get My Art Appraised?

Fine Art Estates

Over the years, I have spent a lot of time on the phone trying to help people determine if the painting they found in a garage sale is worth anything. These websites compile results from many auction houses and show not only the results of past sales, but also estimates of works that will appear in future sales.