Value can have several meanings in the valuation of a real estate, the conditions used depend on the context and usage. In sales, value is usually seen from how much profit…

When valuing properties especially in cases of taxation or donation/succession, the market value of a property must be determined. Many methods for approaching the true price of a property exists,…

The appraisers are required to understand and be able to distinguish the differences between cost, price, and value. Where is the price, cost, and value? In identifying these three types…