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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 ...
The Appraisal Institute annually gives the Kinnard Award in his honor to the leading real estate appraisal educator in the U.S. After his death, the American Real Estate Society and the Appraisal Institute co-published the text Essays in Honor of William N. Kinnard, Jr. as a memorial. Contributing editors and authors constitute a cross-section ...
In Germany, real estate appraisal is known as real estate valuation (Immobilienbewertung). Real estate appraisers (Immobilienbewerter or Gutachter) can qualify to become a Öffentlich bestellter und vereidigter Sachverständiger (officially appointed and sworn expert). However, this formerly very important title has lost a lot of its importance ...
Guide for the use of real estate appraisal information, as of December 31, 1990 full-text: 47-01: 1991: Guide for the use of real estate appraisal information full-text: 47-02: 1997: Guide for the use of real estate appraisal information, with conforming changes as of May 1, 1997 full-text: 48-01: 2016: Revenue recognition, November 1, 2016: 48 ...
Uniform Standards of Professional Appraisal Practice (USPAP) can be considered the quality control standards applicable for real property, personal property, intangible assets, and business valuation appraisal analysis and reports in the United States and its territories. USPAP, as it is commonly known, was first developed in the 1980s by a ...
The Real Estate Counseling Group of America (RECGA) was founded in 1970 by William N. Kinnard, a former president of the American Real Estate and Urban Economics Association, who sought to bring together a small group of top U.S. real estate appraisal and consulting experts to meet regularly, consult with each other on complex topics, and serve as co-authors and co-references for a growing ...
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".
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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