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2. Real estate appraisal - Wikipedia

   en.wikipedia.org/wiki/Real_estate_appraisal

   This is unfortunate for one of the two parties. It is the obligation of a real property appraiser to estimate the true market value of a property and not its market price. Frequently, properties are assessed at a value below their market values; this is known as fractional assessment. [5]

3. Sales comparison approach - Wikipedia

   en.wikipedia.org/wiki/Sales_comparison_approach

   The sales comparison approach (SCA) is a real estate appraisal valuation method that relies on the assumption that a matrix of attributes or significant features of a property drive its value. For examples, in the case of a single family residence, such attributes might be floor area, views, location, number of bathrooms, lot size, age of the ...

4. Comparables - Wikipedia

   en.wikipedia.org/wiki/Comparables

   Comparables (or comps) is a real estate appraisal term referring to properties with characteristics that are similar to a subject property whose value is being sought. This can be accomplished either by a real estate agent who attempts to establish the value of a potential client's home or property through market analysis or, by a licensed or certified appraiser or surveyor using more defined ...

5. Broker's price opinion - Wikipedia

   en.wikipedia.org/wiki/Broker's_price_opinion

   A broker's price opinion (BPO) is a report that is performed by a licensed real estate agent, broker. or appraiser.A BPO is an informal appraisal. It is similar to doing a CMA (Comparative Market Analysis) but most times the real estate professional gets paid to do a BPO.

6. What is the Erie Coke site's value? 'Less than zero,' new ...

   www.aol.com/erie-coke-sites-value-less-091507404...

   The remediation costs are one reason "the current fair market value of the Property in its actual impaired condition is less than $0.00," the appeal states. Contact epalattella@timesnews.com or ...

7. Capitalization rate - Wikipedia

   en.wikipedia.org/wiki/Capitalization_rate

   In addition, a valuer also provides an Estimated Rental Value (ERV). The ERV states the valuer's opinion as to the open market rent which could reasonably be expected to be achieved on the subject property at the time of valuation. The difference between the in-place rent and the ERV is the reversionary value of the property.