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Valuation In the context of appraising, valuation is the process of estimating the market value of the bundle of rights attributed to real property. This process is determined by the scope of work, which is the to-do list, establishing the steps necessary to develop a credible opinion. The opinion developed and the method of reporting is contingent on the appraisal's use, user and purpose. The services listed below represent the types of valuation services offered by URS.
Market Value Appraisals Most assignments begin with an analysis of the property, evaluating physical characteristics, governmental services and regulations, economic forces and market positioning. All possible uses for the site are considered and narrowed to the most logical use or uses. Any improvements on the site are carefully inspected and analyzed by the cost, sales comparison and income capitalization approaches to value, all in the context of highest and best use.
- Lender Services (PDF)
- Market Value Appraisals (PDF)
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