Table of Contents

I. Meeting the Authors

II. Preface

III. Acknowledgments

1. Real Estate Appraisal and You

2. Legal Considerations in Appraisal

3. The Formal Appraisal Process

4. Focus on Neighborhood, Community, and Market

5. Real Estate Economics and Value

6. Property Inspection and Analysis: The Site

7. Property Inspection and Analysis: The Improvements

8. The Sales Comparison Approach

9. Analyzing and Adjusting Comparable Sales

10. Valuing the Site

11. Introducing the Cost Approach

12. Estimating Loss in Value: Accrued Depreciation

13. The Income Approach

14. Income Capitalization: Rates and Techniques

15. Reconciling the Value Estimates

16. Reporting Appraisal Opinions

17. Appraising Special Ownerships and Interests

18. The Professional Appraiser

IV. Answers to Reviewing Your Understanding

V. Glossary

VII. Index