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Imaginary Adjustments? Part 1

George Dell

You MUST make adjustments. The USPAP standards do not require adjustments. The word “comparable” is not defined, nor is the word “adjustment” found in USPAP. Nothing about adjustments nor picking comps. However, we note that […] The post Imaginary Adjustments? Everybody knows that!

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Appraising Unusual Properties

Appraisal Today

Down the page is a $1 listing. Highest and best use are often the issues that are the most tricky for me, especially if you have to consider non 1-4 unit uses. This listing reads, in part: “Priced at a mind-boggling $1 (yes, you read that right), this home is not just a house—it’s a ticket to the real estate adventure of a lifetime.