Actual cash value appraisal - An appraisal to determine the actual cash value of a building and related personal pro
Actual cash value
appraisal - An
appraisal to determine the
actual cash value of a building and related personal pro
actual cash value
of a building and related personal
property.
One advantage
of capitalization rate valuation is that it is separate from a «market - comparables» approach to an
appraisal (which compares 3 valuations: what other similar
properties have sold for based on a comparison
of physical, location and economic characteristics,
actual replacement cost to re-build the structure in addition to the cost
of the land and capitalization rates).