article thumbnail

From Vintage to Valuable, Understanding the Appraisal of Antiques

Antiques Dealer

Income Approach This method is used for antiques that generate income, such as rental properties or royalty streams. The appraiser considers the income generated by the item to determine its value. Appraisals are essential for a variety of reasons, including insurance purposes, estate planning, and selling antiques.

article thumbnail

Choosing the Right Appraisal Professionals for Accurate Property Valuation

Prime Appraisals

Valuation Methods: Appraisal professionals use various valuation methods, such as the sales comparison approach, income approach, or cost approach, depending on the property type and circumstances. This analysis helps them arrive at an accurate valuation.