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.

Appraiser/appraisal 52

Appraiser/appraisal Sales Comparison Approach Market Value Income Approach 52

Fine Art Estates

JANUARY 7, 2022

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.

Appraiser/appraisal 130

Appraiser/appraisal Insurance Antiques and Decorative Arts Market Value 130

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. Approaches to Value : The appraiser uses one or more established methodologies to arrive at a property’s value.

Appraisal Reports 52

Appraisal Reports Appraiser/appraisal Analysis Valuation 52