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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%.

Appraisal 358
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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?

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Commercial Real Estate Investing: A Comprehensive Guide

Property Metrics

Market Value vs. Investment Value Sometimes, the price youre willing to pay doesnt align with the broader market because of your specific goals or unique resources. Distinguishing between market value and investment value is key to smart deal-making. Direct control but higher time commitment.