Concept Appraisals

OCTOBER 6, 2023

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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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. Comparables for Fair Market Value are relatively recent, actualized sales of pieces by the same artist or artwork of a similar renown, era, materials and genre. It is for your information only.

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Prime Appraisals

NOVEMBER 15, 2023

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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