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Supporting Market Conditions Adjustments: A Comprehensive Guide for Appraisers

Appraisal Buzz

Understanding these nuances is crucial for ensuring that time adjustments accurately reflect changing market conditions. To illustrate, Fannie Mae provides an example where the overall market value trend for a 12-month period increased by 7%. Read previous CoreLogic HPI reports here.

Appraisal 358
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3 Reasons Why an Appraisal Comes in Low

Boston Appraisal

That accepted purchase price becomes the “market value” of the property. An appraisal measures that value range within the report. This lack of data can, unfortunately, slightly skew the true market value. In these cases, it is common for the new appraised value to differ slightly from a prior value.

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Anatomy of a Commercial Real Estate Appraisal: A Top 17 Q&A Guide

The Robert Weiler Company

The commercial real estate appraiser’s role is to produce an accurate, reliable, and unbiased estimate of the market value of a property. Market value is the most likely selling price a knowledgeable buyer would pay to a knowledgeable seller. And, can you really expect equivalent costs for rebuilding the property?