What type of Western New York real estate can be appraised?
Most commonly, appraisers will be asked to offer an analysis of an existing home or property. The appraiser can also estimate the value of a home that is currently being developed. The finished home is appraised using only the builder’s plans and information that contains the characteristics of the site. Commercial real estate can be appraised by a mixture of methods, to include cash flows. This can also consist of a rating of probable income and expenses to use as measurements of the net present worth of a non-residential property.
