Appraisal Articles 2014 Free Appraisal Articles for Appraisers and the Public

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Appraisal Articles is an Internet website dedicated to providing free information in the form of artices on appraisal and real property topics to appraisers and the public.  Authors are invited to sign-up and submit related original articles for approval. 

Land Appraisals - Does Shape Matter?

by Administrator on Jun 16, 2014 Vacant Land Appraisal 42 Views

Shape is one physical characteristic of many that is used to describe a parcel of real property. All physical characteristics of a site are more or less important as they relate to the current use or potential use of a site. An irregular shaped or triangle shaped property will likely be more difficult to develop since fewer options for development will exist.

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Appraising Shipping Containers

by Administrator on May 5, 2014 Personal Property 105 Views

For real property appraisers shipping containers that have been modified for a residential or commercial use are a lot like appraising trailers or mobile homes, they are usually classified as personal property with metal shell exteriors and after modification for some residential or commercial use they generally remain personal property. If you do your research you will find that shipping container are commonly 8’ feet wide, and many are 20' to 40' feet long, so many who use them for single-family homes, guard houses, small offices or business pop-ups modify one or more standard containers. If you search you can find a number of modified shipping containers offered for sale on the Internet. It appeared to me that China was very active and competitive in the upgraded shipping container market.

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Can a Property Change its Highest and Best Use?

by Administrator on Apr 3, 2014 Market Conditions Articles 131 Views

It happens all the time, especially in markets like Las Vegas that have suffered significant price decreases. There were many properties that in 2007 had a much higher value as vacant land but in 2014 their improved value is now higher than their land value. Their highest and best use changed with market changes over time.

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10 Things You Can Do While Waiting For Your Next Appraisal Assignment

by Administrator on Mar 28, 2014 Business Operation 121 Views

I recently read an online article about things you can do as an appraiser when there is a business slowdown and I had a few ideas of my own. There may be a couple of similar suggestions in the following paragraphs, and the items that I have listed may seem obvious, but they are meant to be helpful. 1. Take Your Continuing Education courses online or schedule them locally and get them out of the way. It's better to get your USPAP and other necessary courses behind you it's harder when you are busy.

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Narrative Report Writing 11 - Addendum

by Administrator on Mar 1, 2014 Narrative Writing 177 Views

Do you include an Addenda or Addendum in your narrative appraisal reports? An Addenda is the plural of "an item of additional material added to the end of a book or other publication," while an Addendum usually indicates one. Since I break my additional areas up into sections with their own headings like "flood maps / soils map" I consider them together the Addenda and not simply one Addendum. If you put everything into one area without separation then you have an Addendum. What do you included in your Addendum? I have looked at many reports and most commercial appraisers include; zoning maps, plat maps, flood maps, engagement letters, surveys, title reports, environmental studies, soils maps, deeds, leases, purchase agreements, assessor data and a wide range of miscellaneous documents that relate to the assignment.

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