The appraiser's estimate of the defined value of the subject property, arrived at by reconciling (correlating) the estimates of values derived from the sales comparison, cost and income approaches.
The product of a real estate appraiser's completed work, an assessment of the value of a property based on all factors and taking into consideration the different evaluation methods available.
The estimated value of a piece of property resulting from an appraisal following the USPAP guidelines.
'Me estimate of value reached after the appraiser has analyzed the data, reconciled the value indications provided by the application of the various approaches to value, and made a final judgment.
The range of values or single dollar figure derived from the reconciliation of value indications and stated in the appraisal report.
An appraiser's estimate of the defined value of a property, arrived at by reconciling the estimates of value derived from the cost, income capitalization and sales comparison approaches.
Final property appraisal estimate arrived at the use of appropriate appraisal methods.