International Society of Appraisers

MARCH 14, 2025

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., Generally, replacement value exceeds fair market value. sold prices). current asking prices).

Appraiser/appraisal 52

Appraiser/appraisal Market Value Appraisal Reports Hypothetical Condition 52

Drishti LLC Appraisers

APRIL 16, 2021

Whether the appraisal report is for insurance, estate or donation purposes, every report should include good documentation and a detailed description of each item along with the valuation. On the other hand, Market Value takes into account the more specific circumstances of a sale, and is used for the intention of liquidation.

Appraiser/appraisal 40

Appraiser/appraisal Appraisal Reports Market Value Sales Comparison Approach 40

Concept Appraisals

MAY 31, 2023

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.

Appraisal Reports 52

Appraisal Reports Appraiser/appraisal Analysis Valuation 52

Prime Appraisals

NOVEMBER 15, 2023

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.

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Appraiser/appraisal Valuation Appraisal Process Residential 52