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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Appraiser/appraisal Sales Comparison Approach Market Value Income Approach 52

Antiques Dealer

MARCH 10, 2023

Income Approach This method is used for antiques that generate income, such as rental properties or royalty streams. The appraiser considers the income generated by the item to determine its value. Appraisals are essential for a variety of reasons, including insurance purposes, estate planning, and selling antiques.

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Appraiser/appraisal Rarity Income Approach Cost Approach 40

Prime Appraisals

NOVEMBER 15, 2023

Valuation Methods: Appraisal professionals use various valuation methods, such as the sales comparison approach, income approach, or cost approach, depending on the property type and circumstances. This analysis helps them arrive at an accurate valuation.

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Appraiser/appraisal Valuation Appraisal Process Residential 52