When & How do Appraiser’s Adjust for Age?
Cleveland Appraisal Blog
MARCH 4, 2021
Like most aspects of an appraisal, things seem easy. Last week, a real estate agent asked me about how appraisers adjust for age. That difference is often reflected in an appraisal report with a condition adjustment or effective age adjustment rather than an age adjustment. That is, until one takes a closer look.
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