Irene Thompson
Freshman Member
- Joined
- Jan 12, 2007
- Professional Status
- Certified General Appraiser
- State
- Texas
What expenses are to be included in the DCF when appraising a portion of an existing subdivision (ie. 150 lots out of a 200 lot subdivision)? Are the financing costs (ie. interest charges) and equity return to be included? Is entrepreneurial profit to be included when not looking for the raw land value or when not appraising the entire subdivision as proposed?
I have received some feed back from the more senior commercial appraisers in our office, including the owner/MAI, but I wanted to get more input.
THANKS!
I have received some feed back from the more senior commercial appraisers in our office, including the owner/MAI, but I wanted to get more input.
THANKS!