Remove Cost Approach Remove Document Remove Sales Comparison Approach
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Office Hours Information from March 2025

International Society of Appraisers

This is because we use different approaches for determining fair market value and replacement value. 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.

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The Appraisal Report: What It Includes and Why It Matters

Concept Appraisals

Understanding an Appraisal Report A USPAP-compliant Appraisal Report is a comprehensive document detailing an appraiser’s professional opinion of a property’s value. Approaches to Value : The appraiser uses one or more established methodologies to arrive at a property’s value.

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Choosing the Right Appraisal Professionals for Accurate Property Valuation

Prime Appraisals

Market Analysis: Appraisers analyze the local real estate market, considering factors like supply and demand, market trends, and recent property sales. Documentation: The appraisal report is a vital document for all parties involved in a real estate transaction. This analysis helps them arrive at an accurate valuation.