appraisals

Cost Approach: Why Sidestepping it Can be Costly

Cost Approach Why Sidestepping it Can be Costly By Gretchen Gary and Richard Vishanoff “I don’t like using the cost approach. It’s too time consuming. Market-based appraisals are always more reliable. Besides, I’m not required to include the cost approach in my appraisals. It’s not relevant anymore.” Sound familiar? If you’re skipping the cost approach,...… Read More

Appraising Disaster: When the Levee Breaks Part II

Appraising Disasters: When the Levee Breaks Part II: Real Work Begins By David Phillips, SRA As the date for the inspections drew closer, we enlisted the help of the Village Clerk.  She was an invaluable partner in the process because she had addresses and phone numbers for most residents.  After the flood, many residents went...… Read More

Appraisers: Doing the Bump

Appraisers: Doing the Bump “Bump Logic” and Why It’s in Your Future This is why you may be doing the “bump” in the near future, even if you don’t dance. “Bump Logic,” as explained at the recent Predictive Methods Conference (hosted by Veros Software), is the process of selecting the appropriate valuation method for a...… Read More