February 29th, 2008
Central Florida Real Estate Appraiser - Creating & Assessing Value
As a longtime real estate property appraiser and builder in Central Florida, I learned long ago the essentials for creating and assessing value. Whether you are a buyer or seller, these values will strongly effect you at some point in time during the market transactions. That being said it is worth learning how to create and assess such value.
The crucial economic factors that create and sustain value are:
1. Desire
2. Utility
3. Scarcity
4. Effective Purchasing Power