Appraisal Articles 2019 Free Appraisal Articles for Appraisers and the Public
Some value opinions can have an effective date of value that is in the future or as of a prospective date. Appraisals of this type are not unusual for buildings under construction because it’s important for lenders to know how much value a building will have when it’s completed. Commercial real property appraisers prefer not to step into the world of stock market financial analysts who regularly forecast stock market prices years into the future, even though most appraisers already employ discounted cash flow (DCF) models that have years of projected income streams in their Income Approaches (Yield Capitalization) portion of their appraisal reports.
It’s a good question given the fact that Las Vegas is about to have one of those monster stadiums completed in a relatively short time. If you look at some of the other NFL stadiums online you will discover that the seat to parking ratio for many is about 2 to 1 up to about 4 to 1. Game day parking is relatively expensive at most of the stadiums even those with lots of parking available.