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		<title>The Site Value… A Walk in the Park or USPAP Nightmare?</title>
		<link>https://appraisersblogs.com/site-value-approaches-USPAP-compliant</link>
					<comments>https://appraisersblogs.com/site-value-approaches-USPAP-compliant#comments</comments>
		
		<dc:creator><![CDATA[VaCAP Board]]></dc:creator>
		<pubDate>Thu, 19 Jan 2017 13:30:32 +0000</pubDate>
				<category><![CDATA[Appraisal]]></category>
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		<category><![CDATA[Uniform Standards of Professional Appraisal Practice]]></category>
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		<category><![CDATA[abstraction]]></category>
		<category><![CDATA[abstraction method]]></category>
		<category><![CDATA[allocation]]></category>
		<category><![CDATA[allocation method]]></category>
		<category><![CDATA[appraisal methods]]></category>
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		<category><![CDATA[cost approach]]></category>
		<category><![CDATA[extraction]]></category>
		<category><![CDATA[income approach]]></category>
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		<category><![CDATA[land value]]></category>
		<category><![CDATA[opinion of value]]></category>
		<category><![CDATA[real estate assessment]]></category>
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		<category><![CDATA[Virginia Coalition of Appraiser Professionals]]></category>
		<guid isPermaLink="false">https://appraisersblogs.com/?p=13067</guid>

					<description><![CDATA[<p>Recognized methods to determine the site value&#8230; We have all been there, the subject is located in an established neighborhood, no vacant land sales in many years and the lender has requested the site value. USPAP Standard 1-1 states &#8220;be aware of, understand and correctly employ those recognized methods and techniques that are necessary to produce a credible appraisal.” The other key standard to keep in mind is Standard 2-2a (viii) – &#8220;Summarize the information analyzed, the appraisal methods and techniques employed, and the reasoning that supports the analysis, opinions and conclusions: exclusion of the sales comparison approach, cost approach&#46;&#46;&#46;</p>
<div class="crp_related     crp-text-only">
<h4>Related Posts:</h4>
<ul>
<li><a href="https://appraisersblogs.com/higher-value-bids-appraiser-vs-machine"     class="crp_link post-12980"><span class="crp_title">Appraiser Versus Machine?</span></a><span class="crp_excerpt"> Loan officer, the bank, homeowner... want a higher value... Automated Valuation Models: Are they any good? Appraiser vs Machine? AVMs&hellip;</span></li>
<li><a href="https://appraisersblogs.com/appraisal/house-and-five/"     class="crp_link post-5426"><span class="crp_title">House and Five Acres</span></a><span class="crp_excerpt"> Five acres where?. A house and five is a typical rural/agricultural assignment throughout Illinois. Appraisers who perform these assignments are&hellip;</span></li>
<li><a href="https://appraisersblogs.com/appraisal/extraction-has-no-traction/"     class="crp_link post-1991"><span class="crp_title">Extraction Has No Traction</span></a><span class="crp_excerpt"> "Land values were based upon the extraction method.” Look familiar? If I had a nickel for every phoned-in Cost Approach&hellip;</span></li>
</ul>
<div class="crp_clear"></div>
</div>
<p>The post <a href="https://appraisersblogs.com/site-value-approaches-USPAP-compliant">The Site Value… A Walk in the Park or USPAP Nightmare?</a> appeared on <a href="https://appraisersblogs.com">Appraisers Blogs</a>.</p>
]]></description>
		
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			<slash:comments>12</slash:comments>
		
		
		<post-id xmlns="com-wordpress:feed-additions:1">13067</post-id>	</item>
		<item>
		<title>GLA Adjustments &#038; Pizza Slices – They Do Correlate!</title>
		<link>https://appraisersblogs.com/gross-living-area-gla-adjustment</link>
					<comments>https://appraisersblogs.com/gross-living-area-gla-adjustment#comments</comments>
		
		<dc:creator><![CDATA[Dave Towne]]></dc:creator>
		<pubDate>Thu, 04 Aug 2016 12:30:47 +0000</pubDate>
				<category><![CDATA[Appraisal]]></category>
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		<category><![CDATA[allocation]]></category>
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		<guid isPermaLink="false">https://appraisersblogs.com/?p=12288</guid>

					<description><![CDATA[<p>Determining the GLA Adjustment in Appraisal Reports I promised in a previous post I’d send out my method for determining the GLA adjustment in appraisal reports. Goodness! Appraisers actually found that statement buried in the prior post, and have ‘rung my chimes’ requesting this info! OK, but first, the pizza analogy. I often tell clients and other appraisers that appraising (residential) real estate is far more complex than grabbing a store-bought pre-boxed pizza (that has exactly the same ingredients from box to box no matter which store you shop in) at a grocery and then applying 425 degrees of love&#46;&#46;&#46;</p>
<div class="crp_related     crp-text-only">
<h4>Related Posts:</h4>
<ul>
<li><a href="https://appraisersblogs.com/promoting-false-racist-appraiser-narrative-2-optimize-profits-via-avms"     class="crp_link post-26499"><span class="crp_title">Promoting False "Racist Appraiser" Narrative</span></a><span class="crp_excerpt"> Some Lenders promoting false "racist appraiser" narrative to optimize profits via AVMs Like most businesses lenders want to optimize their&hellip;</span></li>
<li><a href="https://appraisersblogs.com/how-rural-america-lost-its-mortgage-lifeline/"     class="crp_link post-33012"><span class="crp_title">The Town With No Bank: How Rural America Lost Its&hellip;</span></a><span class="crp_excerpt"> For decades, we’ve been told that the problem is demand. That people don’t want to live in rural America anymore.&hellip;</span></li>
<li><a href="https://appraisersblogs.com/how-2-destroy-the-appraisal-profession-government-101"     class="crp_link post-26831"><span class="crp_title">How to Destroy the Appraisal Profession</span></a><span class="crp_excerpt"> Anytime the government gets involved in an issue, it tends to have more adverse effects than positive ones. It makes&hellip;</span></li>
</ul>
<div class="crp_clear"></div>
</div>
<p>The post <a href="https://appraisersblogs.com/gross-living-area-gla-adjustment">GLA Adjustments &#038; Pizza Slices – They Do Correlate!</a> appeared on <a href="https://appraisersblogs.com">Appraisers Blogs</a>.</p>
]]></description>
		
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			<slash:comments>22</slash:comments>
		
		
		<post-id xmlns="com-wordpress:feed-additions:1">12288</post-id>	</item>
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