Episode 3: Off Grid Appraisals

In this episode of Face Value, hosts Tonia Vailas, MAI, AI-GRS, and Warren Boizot, SRA, AI-RRS, explore the unique challenges of valuing off-grid and rural properties with guest Bo Fox, SRA, an experienced appraiser from Warren, Pennsylvania

From Amish-built homes completed in just two weeks to properties powered solely by solar panels and wood stoves, the conversation delves into markets where traditional valuation methods don’t always fit. The trio discusses how appraisers can navigate limited comparables, functional utility questions, and market competency when standard approaches fall short.

Fox shares real-world insights into unconventional housing markets — where unfinished interiors may be the norm and private, community-based financing replaces conventional loans. The episode unpacks how appraisers can think beyond the textbook, adapt their methods, and accurately assess properties that operate entirely outside the grid.

Whether you’re an appraiser tackling your first off-grid assignment or a seasoned professional curious about niche markets, this episode offers practical takeaways and thought-provoking perspectives on what it really means to define “value” in unconventional real estate.

Appraiser-centric—in line with all the Appraisal Institute’s communications—the new Face Value podcast is targeting audiences across the wider real estate industry. Member input and podcast ideas are welcome and encouraged. We want to hear from you! If you have great podcast ideas, contact us.