200 likes | 329 Views
http://www.macintoshappraisals.com .Macintosh Appraisals is a major Canadian real estate appraisal and consulting firm providing real estate appersiser , property value, house value, property valuation. For more call 604-522-3900.
E N D
Value “..…the worth, usefulness, or utility of an object to someone for some purpose.”
Market Value “…. most probable selling price of a property in a competitive and open market.”
Informal Appraisal We usually make an informal appraisal to judge if the prices are reasonable for items we purchase. The “market analysis” made by brokers and salespeople when listing or selling a given property is best described as an informal appraisal.
Formal Appraisals …..a means of reaching an opinion of value by the methodical collection and analysis of relevant market data most often reported in writing.
WHAT IS VALUE? • Worth • Usefulness • Utility
WHO USES APPRAISALS? Market Transactions • Purchase, Sale & Exchange • Financing • Leasing • Management • Insurance • Remodeling
WHO USES APPRAISALS? Market Transactions • Development • Feasibility • Highest and Best Use • Exercise of Purchase and Lease options
APPRAISAL STANDARDS • Standard 1: • Real Property Appraisal Development
APPRAISAL STANDARDS • Standard 2: • Real Property Appraisal Reporting
Contact us • Business Name: Macintosh Appraisals • Business Address: #401 - 555 Sixth StreetNew Westminister, BC V3L 5H1Canada • Phone Number: 604-522-3900 • Fax: 604-522-2611 Toll Free in North America: 1-866-522-3900 • E-mail: Info@MacintoshAppraisals.com • http://www.macintoshappraisals.com/