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Chapter 16 Part 2 - Appraisals

Chapter 15 Dearborn 13th Edition
Horizontales
Location, Buyer's willingness to pay more for certain locations
Appraisal technique that analyzes sale price of comparable properties
Cost to rebuild exactly, using materials like the original
Parcel of real estate being appraised
Verticales
Loss of value due to wear and tear
Principal that no one pays more if same can be had for less
Analysis of value received by different appraisal; approaches
Cost to rebuild using today's materials and techniques
Present worth of future benefits
What a property actually sells for
Price that would be paid by an informed buyer