Part II: Understanding and Determining Fair Market Value in Canadian Appraisals
International Society of Appraisers
MAY 13, 2025
For tax-related donations, whether ordinary charitable gifts or gifts of certified cultural property, appraisers must select the appropriate market by analyzing where similar items are most frequently sold to end users. Comparables must be credible, relevant, and adjusted for differences in quality, condition, scale and provenance.
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