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Valuation

Here at AAA Appraisal & Consulting, Inc. we provide current market valuations, retrospective (past) and prospective (future) valuations. We will always consult with the client to make sure we are providing services that best meet our clients’ needs. We are committed in producing honest and accurate appraisals that are not misleading. Valuations we provide will always be market based and supported by the most current, credible and verified data. Our strength lies in our strong research and analytical skills. Our clients can also contact us for valuations of portfolios, partial interests, trusts and estates.

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Valuation Methods
The valuation methods used in our appraisals include:

  • The Sales Comparison Approach: The process of deriving a value indication for the subject property by comparing sales of similar properties to the property being appraised, identifying appropriate units of comparison, and making adjustments to the sale prices (or unit prices, as appropriate) of the comparable properties based on relevant, market-derived elements of comparison. The sales comparison approach may be used to value improved properties, vacant land, or land being considered as though vacant when an adequate supply of comparable sales is available. (The Dictionary of Real Estate Appraisal, 6th ed., Appraisal Institute, Chicago, Illinois, 2015, p. 207)
  • The Income Capitalization Approach: Specific appraisal techniques applied to develop a value indication for a property based on its earning capability and calculated by the capitalization of property income. . (The Dictionary of Real Estate Appraisal, 6th ed., Appraisal Institute, Chicago, Illinois, 2015, p. 115)
  • The Cost Approach: A set of procedures through which a value indication is derived for the fee simple estate by estimating the current cost to construct a reproduction of (or replacement for) the existing structure, including an entrepreneurial incentive for profit; deducting depreciation from the total cost; and adding the estimated land value. Adjustments may then be made to the indicated value of the fee simple estate in the subject property to reflect the value of the property interest being appraised. (The Dictionary of Real Estate Appraisal, 6th ed., Appraisal Institute, Chicago, Illinois, 2015, p. 54)

The valuation methodology applied in an appraisal will depend on a variety of factors, including: client preference (where appropriate), type of interest appraised (leased fee or fee simple), property type, age of improvements, quality of data gathered and the appraiser’s personal judgment and expertise.

For Our Clients

Client satisfaction is our number one priority! We strive to achieve the best results, following market trends and verifying all data, in order to produce the most credible appraisals. We understand the time constraints our clients may have with their impending decisions and do our best to accommodate their needs. Our strong research and analytical skills stems from over sixteen years of service to the appraisal profession. It is our due diligence to provide our clients with timely and efficient appraisal services for them to make the best decisions relating to their properties. We look forward to working with you and assisting you in any way we can!