Appraisal Basics
Clear, practical guidance on the appraisal process from start to finish. Learn what appraisers look for, how timelines and costs work, and why a professional valuation is the foundation of every sound real estate decision.
The Three Approaches to Value: How Appraisers Triangulate an Opinion of Value
Every credible appraisal is developed using one or more of three recognized approaches to value — sales comparison, cost, and income capitalization. Understanding what each approach measures, and why appraisers weight them differently by property type, helps clients read a report with more context and ask better questions about a value conclusion.