Market Research Research Valuation 
Penrose Appraisals
MARCH 14, 2024
Rather, it is likely that an appraiser will have to conduct research in order to arrive at a determination of value. It may require research, as when faced with unknown maker's marks on the bottom of a piece of pottery. Market research. Appraisers are not simply walking around with valuations in their head.
Penrose Appraisals
SEPTEMBER 27, 2022
Note that all of these, except for appraisal, require you to do some research and possibly actual legwork to determine an acceptable answer. An appraiser is trained in this kind of market research and likely spends much of their time monitoring market conditions. Avoiding bias. You paid $5,000 for it just five years ago.
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