What type of Eastern Kentucky real estate can be appraised?
Most commonly, appraisers will be requested to offer an analysis of an existing home or property. The appraiser can also estimate the value of a home that is currently being built. The completed home is appraised by utilizing only the builder’s plans and information that includes the site characteristics. Commercial real estate can be appraised by a series of methods, to include cash flows. This can also consist of a rating of predicted income and expenses to use as measurements of the net current worth of a commercial real estate.
