APPRAISAL VALUE
\ɐpɹˈe͡ɪsə͡l vˈaljuː], \ɐpɹˈeɪsəl vˈaljuː], \ɐ_p_ɹ_ˈeɪ_s_əl v_ˈa_l_j_uː]\
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An opinion that an appraiser gives for the worth of property. The factors that go into this are location, area, improvements, and amenities. The three methods to do this are cost approach, income approach, adn market comparison approach. AKA appraised val
By Henry Campbell Black
Word of the day
hydromorphic
- [Greek] Structurally adapted to an aquatic environment, as organs of water plants.