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The following are the main factors that are considered during a property appraisal:

  1. Location of the property (e.g. urban, suburban or rural areas)
  2. Whether or not the utilities are private or public.
  3. The number of units, stories, design, age, condition.
  4. For the sales approach, 2 or more comparable properties will be selected and included in the report. The sales price of the property and the date and time of sale will be used to determine the market value.
  5. For the cost approach, the estimated reproduction or replacement cost is important.
  6. For the income approach, estimated monthly market rent is taken into consideration multiplied by the gross rent multiplier.
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15y ago

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There you have it! P.S. Thats all folks! Merry Melonies inc.


Is an appraisal included with the Diamond Stud Earrings: Princess-Cut Diamond Earrings in Platinum (4 ct. tw.)?

It depends on your jeweler, but most diamond earrings include an appraisal or certificate.