Penrose Appraisals

MARCH 14, 2024

Market research. It is only after learning about and considering all of these things that an appraiser can then turn to the market to make a determination of value. Of course, the market chosen will vary depending on the purpose of the appraisal. Appraisers are not simply walking around with valuations in their head.

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Penrose Appraisals

SEPTEMBER 27, 2022

An appraiser is trained in this kind of market research and likely spends much of their time monitoring market conditions. This is especially so when the underlying valuation is based solely on the taxpayer's assertion. Hiring him or her to do the work likely makes a lot of sense. Avoiding bias.

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Charitable Donations Appraiser/appraisal Antiques and Decorative Arts Market Value 52

ValuePros Appraisal Services

APRIL 9, 2025

This means the appraisal is conducted with a high level of professionalism and accuracy, ensuring a reliable valuation. Market Research: Appraisers research the market value of comparable items. They may look at recent sales data from online markets, estate sales, auction houses, and other sources.

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