Assistance with value

[Ron Glass]

I am appraising a condominium that is completely gutted an in the middle of a renovation. The lender is requesting me to value the subject "as is".
Do you have any suggestions for an approach? Thank you.

 

[Lee Lansford]

Cost-to-cure?

Entrepreneurial Incentive?

Is there an active rehab market for such properties?

Otherwise, what is it that you are asking?