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The information contained in this article is specific to real estate appraisals. Functional Implications: While not defining a feature, the presence or absence of a closet can impact the functional utility and, consequently, the appraisal value of a room. What Makes a Room a Bedroom?
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Christine Guernsey, a professional appraiser whose interview appears in Part 3 of this article, indicated that a professional written appraisal of a single artwork would at a minimum cost $450 and would more realistically cost between $600 and $800. An object can have different values, depending upon the function of the appraisal.
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