What’s that Smell Worth? Insights from a Seasoned Appraiser
McKissock
JANUARY 14, 2022
The standard appraisal report’s definition of market value refers to “typical buyers,” most of whom would become acutely aware of such odors right at the door, and when it’s significant will either walk away or discount their offering price. I had a tenant whose child had a hamster or gerbil.
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