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Office Hours Information from March 2025

International Society of Appraisers

Q: In a damage claim, what's the most common marketplace for determining the fair market value of diamond jewelry? Is it the orderly liquidation market, retail market, retail replacement market? The process for determining fair market value for a damage claim would be the same for any other intended use.

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What You Need to Know about Condemnation in Appraisals

Concept Appraisals

In such cases, an appraisal plays a pivotal role in determining the fair market value of the property being taken. The Role of the Appraiser in Condemnation An appraiser is tasked with determining the fair market value of the property. How is Fair Market Value Determined? Why Would a Property be Condemned?

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What Kind of Appraisal?

Drishti LLC Appraisers

For example, a client cannot use a restricted appraisal as a basis for a sales price with an auction house or antique dealer. FAIR MARKET VALUE VS. MARKET VALUE In the situation of an estate distribution, the appraisal report is written to determine Fair Market Value, which is slightly different from Market Value.

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The Appraisal Report: What It Includes and Why It Matters

Concept Appraisals

Type and Definition of Value : Here, the appraiser specifies the kind of value being estimated, such as market value, investment value, or liquidation value, each of which offers a different perspective on a property’s worth.