Replacement Value Appraisal vs. Fair Market Value Appraisal: Understanding the Difference
ValuePros Appraisal Services
AUGUST 23, 2023
When it comes to assessing the value of personal property, two commonly used methods are the Replacement Value Appraisal and the Fair Market Value Appraisal. Fair Market Value is often determined by considering recent sales of similar items or consulting with experts in the field.
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