contaminated property

Calculating Diminution of a Contaminated Property

If you are appraising an environmentally contaminated property, you may need to consider more than just the cost of remediation (cost to cure). The property may suffer from stigma associated with the contamination. Stigmatized properties can take months and even years to recover from a blighted image. The Uniform Standards of Professional Appraisal (USPAP) describe stigma… Read More