Appraisal Matters

So up to know I’ve explained the what, but not the how.  Let’s fix that.

How I Would Handle the Value Range Problem

Using our $15,000 to $70,000 per acre sale range example, what I would do is create a ranking table for the subject and the sales.  I’d rank each feature on a 1 to 5 scale.  . . . → Read More: Secrets of Appraising Vacant Land – Part 4 of 4

Let’s take a look at the land from its futuristic orientation.  By that I mean that the property will have to receive approvals, site improvements, building improvements and find users (tenants and/or owners) that span a substantial amount of time into the future, usually years.

Risky Business

Even children know that anything that takes years to come to . . . → Read More: Secrets of Appraising Vacant Land – Part 3 of 4

As indicated in Part 1, there are lots of things that can be wrong with a piece of land that will impact its development potential and its value.  I’ve already covered many of the key reasons in the following posts:

Soils – The Realities of Marina Land Part 2
Wetlands – The Realities of Marina Land Part 3
Tidal . . . → Read More: Secrets of Appraising Vacant Land – Part 2 of 4