unde_standing_app_aisal_in_manhattan_ny:a_comp_ehensive_guide
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| unde_standing_app_aisal_in_manhattan_ny:a_comp_ehensive_guide [2025/12/22 04:36] – created alejandrablackwe | unde_standing_app_aisal_in_manhattan_ny:a_comp_ehensive_guide [2025/12/22 16:15] (current) – created alejandrablackwe | ||
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| Valuation Approaches: Appraisers typically use three primary approaches to value a property: | Valuation Approaches: Appraisers typically use three primary approaches to value a property: | ||
| - | - Sales Comparison Approach: This method compares the subject property to similar properties that have recently sold in the area. Adjustments are made for differences in features, | + | - Sales Comparison Approach: This method compares the subject property to similar properties that have recently sold in the area. Adjustments are made for differences in features, location, and condition. |
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| - | Appraising properties in [[https:// | + | Appraising properties in [[https:// |
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| Limited Comps: In some neighborhoods, | Limited Comps: In some neighborhoods, | ||
| - | Regulatory Compliance: Appraisers must adhere to strict regulations and standards set by organizations such as the Appraisal Institute and the Uniform Standards of Professional Appraisal Practice (USPAP). Ensuring compliance can be time-consuming and complex. | + | Regulatory Compliance: Appraisers must adhere to [[https:// |
| - | Emotional Factors: Appraisals can be influenced by emotional factors, especially in high-stakes transactions. Buyers and sellers may have strong attachments to their properties, which can complicate negotiations and lead to disputes. | + | Emotional Factors: Appraisals can be influenced by emotional factors, especially in high-stakes transactions. Buyers and sellers may have strong attachments to their properties, which can complicate negotiations and |
| The Role of Technology in Appraisal | The Role of Technology in Appraisal | ||
unde_standing_app_aisal_in_manhattan_ny/a_comp_ehensive_guide.txt · Last modified: by alejandrablackwe
