Valuation & Appraisal

← Real Estate Glossary

58 terms

A

• Abnormal sale
• Accelerated depreciation
• Accrued depreciation
• Accumulated depreciation
• Actual age
• Aesthetic value
• Anticipation, principle of
• Appraisal
• Appraisal Fee
• Appraisal Report
• Appraisal value estimate
• Appraised value
• Appraiser
• Area analysis
• Area demographics

C

• Capital Improvement
• CMA
• Comparative Market Analysis (CMA)
• Contractor’s Approach
• Contractor’s Approach Replacement - Summation Method
• Contractor’s Method of Valuation
• Cost Approach or Contractor’s Approach

D

• Discounted Cash Flow (DCF) Method

E

• Effective age
• Enclosure Number

F

• Fair market price

G

• Gross Development Value (GDV)

H

• Heterogeneity
• Highest and best use (HABU)

I

• Intrinsic value

L

• Land is inelastic
• Land Valuation Number
• Leasehold interest value
• Locational Value of Property

M

• Market Value
• Market value conceptual framework
• Mass appraisal techniques

N

• NLA Land Valuation

O

• Overimprovement

P

• Principle of Conformity
• Principle of Progression
• Principle of Regression
• Property appraisal
• Property valuation
• Property valuation method

R

• Real Estate Investment Value
• Realistic Selling Price
• Repair Value (ARV)
• Replacement cost
• Resale Value
• RICS

S

• Site influences

V

• Valuation
• Valuation-Strata number
• Valuation Number
• Valuation Report
• Valuation roll number
• Value/Price