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Is Property Appraisal an Art or a Science?

AmeriMac

A property appraisal is a process of estimating the value of real estate. Appraisals are almost always used in purchase and sale transactions, where they are used to determine if a home’s price is appropriate for its location, condition and features. Process of Property Appraisal.

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

The Robert Weiler Company

After all, it is a detailed activity that can look different depending on the scope and nature of your property. To simplify and demystify the commercial appraisal process for you, we have addressed 17 of the most important questions asked. Question 1: What is a commercial real estate appraisal?