land

I noticed that a lot of appraisals that I have reviewed in my area (San Diego), the appraisers typically apply a $1-$3 adjustment per a square foot of land. The value of land is not $1 a square foot anywhere in San Diego. I am working on an appraisal over an acre and a reconciliation of the...

As a realtor I've found it's hard to find exact matches for the home and acreage. I usually comp the home with others on large lots (say 1 acre), then adjust by finding the average price per acre in the area and multiply that by the extra acreage on the subject home. This has always worked for...

I have a question, if a property is situated on 13 acres and 3 of those acres are residential in nature and the other 10 are corn field (crop land) , can you appraise this property on a 1004 based on a hypothetical condition.