1 ANSWERS

1. Guest743
   

    An appraisal, similar to an assessed value, is an opinion of value. We would not substitute a single appraisal value as the market value of your property, just as we would not use one sale to determine the market value.
   The appraisal is a site-specific value based on a small sample (typically three or four) of the most similar properties sold. Mass appraisal, as legislated by the Province of Alberta, looks at a type of property and analyzes a large sampling of sales with similar characteristics. An appraisal may provide us with one of many sources of information in our analysis.

   Report (0) (0)  |   11 years, 1 month(s) ago