Vancouver home value (Macintoshappraisals.com)
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Welcome to Macintosh Appraisals.com
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Transcript of Vancouver home value (Macintoshappraisals.com)
Welcome to Macintosh Appraisals.com
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ABOUT US
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WHAT IS AN APPRAISAL?
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Value
“..…the worth, usefulness, or utility of an object to someone for some purpose.”
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Market Value
“…. most probable selling price of a property in a competitive and openmarket.”
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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.
Informal Appraisal
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…..a means of reaching an opinion of value by the methodical collection and analysis of relevant market data most often reported in writing.
Formal Appraisals
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WHAT IS VALUE?12
Worth
Usefulness
Utility
WHO USES APPRAISALS?
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Purchase, Sale & Exchange
Financing
Leasing
Management
Insurance
Remodeling
Market Transactions
WHO USES APPRAISALS?
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Feasibility
Highest and Best Use
Exercise of Purchase and Lease options
Market Transactions
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APPRAISAL STANDARDS16
Standard 1:
Real Property Appraisal Development
APPRAISAL STANDARDS17
Standard 2: Real Property Appraisal Reporting
SUMMARY
Contact us
Business Name: Macintosh AppraisalsBusiness Address: #401 - 555 Sixth Street
New Westminister, BC V3L 5H1Canada
Phone Number: 604-522-3900Fax: 604-522-2611 Toll Free in North America: 1-866-522-
3900E-mail: [email protected]://www.macintoshappraisals.com/
THANK YOU
