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When disaster strikes, people are hurt and property is damaged. Whether it’s a natural event or a man-made detrimental condition, real estate appraisers should be prepared to assess the effect of damages on property value. Preparation is essential since most appraisers will be asked to appraise property subject to damages at some point in their careers.
For nearly two decades, practitioners have relied on Real Estate Damages to learn about detrimental conditions and tackle these complex and controversial appraisal assignments. This third edition of the popular text provides a foundation for valuing properties subject to 10 different types of detrimental conditions and sheds light on current factors affecting property such as climate change, terrorism, and oil and gas exploration.
Real Estate Damages, third edition, describes and demonstrates a variety of tools appraisers can use to delineate market boundaries, gather relevant data, analyze the short- and long-term effects of detrimental conditions, and derive value opinions and conclusions that are well-reasoned, supportable, and defensible in court. Order Real Estate Damages today—your survival guide to the valuation of damaged property.