On April 19, 2024, Jefferson County PVA will release reassessments for the 2024 year. This year, the PVA has focused on Areas 2, 3 and 7. Area 2 includes Cherokee Triangle, Seneca, Highlands, Tyler Park, Germantown, Deer Park, Belknap, Poplar Level, Audubon, Schnitzelburg, Prestonia, Camp Taylor, Bowman, and other neighborhoods. Area Read more…
As appraisers, we are permitted by USPAP to write two different types of reports: Restricted Appraisal Report or Appraisal Report. The method we are supposed to use when valuing a property is in two stages: Development and Reporting. Development means that we do all the research necessary to determine a Read more…
Commercial appraisers are faced with appraisal assignments regularly that involve net leased properties. So, what is a net leased property? Well, it is a property leased by a national tenant for an absolute no-expense arrangement to the property owner. This means that Joe Property Owner, for example, signed a 20-year Read more…
How to know when to pick the correct technique, because they are both loads of fun! For commercial investment appraisal, most participants, such as appraisers, brokers, realtors, lenders, VC, buyers and sellers understand that rental income or selloff income is the primary driver to determine the value of an asset. Read more…