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  2. Highest and best use - Wikipedia

    en.wikipedia.org/wiki/Highest_and_best_use

    One example of this might be a parkland valuation, where the appraiser has been instructed to ignore all other possible uses. Further, the highest and best use of a property can be a class of uses (such as retail or multi family), rather than a specific use (i.e. development of a fast food restaurant).

  3. Real estate appraisal - Wikipedia

    en.wikipedia.org/wiki/Real_estate_appraisal

    In Germany, real estate appraisal is known as real estate valuation (Immobilienbewertung). Real estate appraisers (Immobilienbewerter or Gutachter) can qualify to become a Öffentlich bestellter und vereidigter Sachverständiger (officially appointed and sworn expert). However, this formerly very important title has lost a lot of its importance ...

  4. Sales comparison approach - Wikipedia

    en.wikipedia.org/wiki/Sales_comparison_approach

    The sales comparison approach (SCA) is a real estate appraisal valuation method that relies on the assumption that a matrix of attributes or significant features of a property drive its value. For examples, in the case of a single family residence, such attributes might be floor area, views, location, number of bathrooms, lot size, age of the ...

  5. Uniform Residential Appraisal Report - Wikipedia

    en.wikipedia.org/wiki/Uniform_Residential...

    A Uniform Residential Appraisal Report or URAR is one of the most common forms used in United States real estate appraisals.It was created to allow for standard reporting and analysis of single-family dwellings or single-family dwellings with an "accessory unit".

  6. A Guide to Property Taxes on Your Home - AOL

    www.aol.com/property-taxes-used-calculate-them...

    An Example Understanding how your property taxes are calculated is easier to understand with a step-by-step example. Say you own a home with an assessed value of $500,000 and your local millage ...

  7. Home appraisal vs. home inspection: What’s the difference?

    www.aol.com/finance/home-appraisal-vs-home...

    An appraisal is a process used to determine the ... for example, the buyer might ... This can be impacted by its condition but also hinges on factors like the local real estate market and ...

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