Remove Cost Approach Remove Coverage Remove Research
article thumbnail

Office Hours Information from March 2025

International Society of Appraisers

As appraisers, we are market researchers. On the other hand, when determining replacement value, we use the cost approach to analyze comparable cost data (i.e., Replacement value also takes into consideration relevant costs associated with replacement. the market in which sales to the public most frequently occur).

article thumbnail

How Do I Get My Art Appraised?

Fine Art Estates

Askart.com If you are researching a painting, drawing, or sculpture (they do not have fine prints) Askart is a good place to look. For instance: Replacement Cost Value is used when a collector needs an appraisal for insurance coverage. Start to finish means inspection, research, and report preparation.