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Real estate appraisal, property valuation or land valuation is the process of assessing the value of real property (usually market value). Real estate transactions often require appraisals because every property has unique characteristics. The location also plays a key role in valuation.
A Uniform Residential Appraisal Report or URAR is one of the most common forms used in United States real estate appraisals.It was created to allow for standard reporting and analysis of single-family dwellings or single-family dwellings with an "accessory unit".
Hutt County was administered by the Hutt County Council, which was first established in 1876, but it was eventually dissolved in 1989 when local government was reformed and the few remaining constituent ridings were amalgamated into adjacent cities. Between 1908 and 1962 the Makara Riding was separately administered as Makara County. [2]
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Cost approach is a real estate appraisal valuation method used to price an individual property. [1] It is one of three methods, the others being market approach, or sales comparison approach, and income approach.
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