Travis McGee
Senior Member
- Joined
- Sep 18, 2004
I have been asked to do an appraisal on a single family dwelling for insurance purposes. the owner says the insurance company needs an appraisal, in particular replacement cost for the house. I would be inclined to do my regualr appaisal with general Marshall and Swift replacement figures in cost approach in box. Am I obligated to go into greater detail than normal?
The owner says he doesn't want land appraised , as only needs insurance for the house. I think I need to separate it out anyway. Any advice from somene who has done one of these would be much appreciated.
The owner says he doesn't want land appraised , as only needs insurance for the house. I think I need to separate it out anyway. Any advice from somene who has done one of these would be much appreciated.