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Properties impacted by contamination raise challenging appraisal issues. To ensure competence and meet appraisal standards, practitioners must understand the history and development of widely recognized and generally accepted methods for handling these challenging appraisal assignments.
Valuing Contaminated Properties: An Appraisal Institute Anthology, Volume II, includes significant articles, seminar material, and professional guidelines on the topic published since 2002, when the first volume of the series was released. Using this collection curated by an appraisal expert, practitioners can become well-versed in all the recent trends regarding contaminated properties, including:
The accepted understanding that contamination’s impact on value is largely temporary
The shifting focus from appraising industrial and commercial source sites to appraising residential properties affected by contamination
The increased availability of online sales data and the new emphasis on using more market data in contamination assignments
Valuing Contaminated Properties, Volume II, is a definitive compilation of accepted appraisal knowledge selected and interpreted by a valuation expert. This updated anthology will help appraisers stay current and look toward a future of evolving strategies for dealing with environmental contamination.