Appraising Land RSS
What’s the difference between market value and net intrinsic worth?

What’s the difference between market value and net intrinsic worth?

LandThink posted my weekly “Country Real Estate” column last week that discussed a low-cost, low-tech approach to estimating a property’s…

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Here’s a simple approach to determining market value: TAV analysis

Here’s a simple approach to determining market value: TAV analysis

Both seller and buyer need a way to get a general idea of the current worth of a particular property in its local market.

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Appraising a property with no comps

My wife and I live in a county with 2,500 full-time residents. We have a lot of cattle, sheep and trees. The county seat is a town of about 200. Melissa is one of two lawyers in the county. This is one of our county’s major cools.

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Real Estate: Let us now appraise appraisers and appraisals

Appraisers are being punched up in the courts and the press for not always providing honest real-estate valuations. What’s going on? What exactly do appraisers do? An appraiser forms an opinion of a property’s current Fair Market Value (FMV) by judging its attributes in relation to recent selling prices of nearby comparable properties.

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