Its a mistake to assume that commercial zoning is always a land value enhancement.  Few experienced market participants consider zoning to be the most important factor influencing real property value.

Market data in Las Vegas suggests that there are two sales price "tiers," one for REO, short sale and distressed properties and another for private sales

Condmenation appraisal assignments, a short discussion for beginners and a short discussion on the process.  

The state of the Las Vegas land market in 2011 is dismal from an appraisal perspective

If you think that you are qualified to complete an assignment, you may find that the client does not agree.

Are land foreclosures really pushing values back to the stone age in Las Vegas?  Do the Press "statistics" really match up the reality of the market?

Cell tower site valuation is complicated by a lack of market data, lease cancellation provisions and the selection of a reasonable capitalization rate.

When you don't think the valuation that you paid for is accurate you can spend some time and effort yourself to validate the results.

If you have an interest, and you have been watching the reports and articles on the vacant land market in Las Vegas you likely have come away confused.  Here are some interesting facts that you, as an appraiser, buyer or seller may want to consider:

After the Savings and Loan crash in the late 1980's, appraiser licensing was put into place in 1991 by the federal government in an attempt to avert another banking disaster.  Here we are, however, in 2009 with a much larger banking disaster to deal with.  So clearly the original plan for appraiser licensing has ended in failure.