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Chapter 16 - Appraisal

Chapter 15 Dearborn 13th Edition
Horizontales
Appraisal technique that analyzes the cost to build
Analysis of value of property using return on investment
Similar nearby property recently sold
Rate of return demanded by an investor in a particular area
Loss of value due to worn or outmoded features
Loss of value due to any cause
Extra that contributes to owner satisfaction, clean air, view and so on
Analysis of income including rent and other factors
An independent person trained to provide an unbiased estimate of value
Verticales
Analysis of rental income used roughly in sales comparison approach
Process of estimating value
Loss of value due to factors beyond the property's boundaries
Use of land that yields the most money