The cost approach was once called the summation approach. The theory is that the value of a property can be estimated by summing the land value and the depreciated value of any improvements. The value of the improvements is often referred to by the abbreviation RCNLD (for "reproduction/replacement cost new less depreciation"). Reproduction refers to reproducing an exact replica; replacement cost refers to the cost of building a house or other improvement which has the same utility, but using modern design, workmanship and materials. In practice, appraisers almost always use replacement cost and then deduct a factor for any functional dis-utility associated with the age of the subject property. An exception to the general rule of using the replacement cost is for some insurance value appraisals. In those cases, reproduction of the exact asset after a destructive event like a fire is the goal.
The Property Appraiser Association of Florida (PAAF) has developed a 3rd Homestead Exemption Tax Savings Estimator.  The estimator was developed to help voters determine if they will receive any additional benefit from the proposed 3rd Homestead Exemption (Additional $25,000) on the ballot for the November 6, 2018 General Election.  For additional information please see Understanding the 1st, 2nd, and 3rd Homestead Exemption.
The Hong Kong Institute of Surveyors (HKIS) regulates property surveyors in Hong Kong. Established in 1984, Institute is the only professional organisation representing the surveying profession in Hong Kong. The HKIS was statutorily incorporated by virtue of the Hong Kong Institute of Surveyors Ordinance in January 1990 (Cap. 1148). In July 1991, the Surveyors Registration Ordinance (Cap. 417) was passed to set up a Registration Board to administer the registration of surveyors. In May 2006, the number of members had reached 6,723. A general practice surveyor advises on the best use of the land, assesses the feasibility and viability of the proposed development project as well as the valuation, marketing, sale, leasing and management of completed developments. It also has a website to provide real-time property's value estimate across whole Hong Kong.[31]
Did you know we hold a community Mobile Exemption and Information Team session every Wednesday at 12:00 pm at Broward County Governmental Center West, located at 1 N University Drive , Plantation, in rooms 2502 B & 2503 B? Property Appraiser Marty Kiar is enhancing our office's community outreach efforts. We are constantly adding new events at condos, city halls, businesses, and other community locations throughout Broward to our online calendar of upcoming events. If you would like to have someone from our office meet with taxpayers at an upcoming meeting of your condo/homeowners or civic association, please contact Mobile Exemption and Information Team Manager Michael Clark at 954.357.6905 or by email.
Despite the fact that appraising becomes a more and more complex task every year, we're able to keep our prices reasonable and quality high by employing technology. Of course, it's been our experience that regardless of the industry, service is the main reason a client comes, goes, stays or refers others. We treat everyone like we'd want to be treated ourselves whether we're in person, on the phone or communicating in e-mail. Our objective is simply a superior experience for our clients. Experience first hand why we're the appraisal firm for you. Call us today.
The 2018 Proposed Property Tax Notices (TRIM Notices) will be mailed to property owners on 8/13/2018.  Please take the time to review the information on your notice.  If you have any questions or concerns pertaining to the information on the notice, please contact our office for assistance.  Please be aware that the Manatee County Property Appraiser’s Office does not set the millage rates (tax rates) or fees located in the Non Ad-Valorem Assessments section on the back page of the TRIM Notice.  Any questions pertaining to Non Ad-Valorem Assessments should be directed to the phone number printed on your TRIM Notice.
Fogarty & Finch, Inc. is a full service real estate appraisal and consulting firm that has served the Tampa Bay Region and Florida since 1924. Unlike most firms we provide appraisal services for all property types to include commercial, office, industrial, multi-family, land, special purpose properties and single family homes. We have earned an excellent and respected reputation by providing well documented opinions and advice in an objective and unbiased manner. We recognize the importance of deadlines and open lines of communication before, during and after the assignment is completed. As a client you will have comfort in knowing that we are committed to strict professional ethics and standards.
When evaluating a property's value, appraisers note the characteristics of the property and surrounding area, such as a view or noisy highway nearby. They also consider the overall condition of a building, including its foundation and roof or any renovations that may have been done. Appraisers photograph the outside of the building and some of the interior features to document its condition. After visiting the property, the appraiser analyzes the property relative to comparable home sales, including lease records, location, view, previous appraisals, and income potential. During the entire process, appraisers record their research, observations, and methods used in providing an estimate of the property’s value.
In addition, there are professional appraisal organizations, organized as private non-profit organizations that date to the Great Depression of the 1930s. One of the oldest in the United States is the American Society of Farm Managers and Rural Appraisers (ASFMRA), which was founded in 1929.[28] Others were founded as needed and the opportunity arose in specialized fields, such as the Appraisal Institute (AI) and the American Society of Appraisers (ASA) founded in the 1930s, the International Right of Way Association and the National Association of Realtors which were founded after World War II. These organizations all existed to establish and enforce standards, but their influence waned with increasing government regulation. In March 2007, three of these organizations (ASFMRA, ASA, and AI) announced an agreement in principle to merge. NAIFA (National Association of Independent Fee Appraisers), a charter member of The Appraisal Foundation, helped to write Title XI, the Real Estate Appraisal Reform Amendments. It was founded in 1961.
The scope of work is the first step in any appraisal process. Without a strictly defined scope of work, an appraisal's conclusions may not be viable. By defining the scope of work, an appraiser can properly develop a value for a given property for the intended user, and for the intended use of the appraisal. The whole idea of "scope of work" is to provide clear expectations and guidelines for all parties as to what the appraisal report does, and does not, cover; and how much work has gone into it.
 	Congratulations to the Town of Eatonville Florida for winning a $25,000 grant from the Robert Wood Johnson Foundation for improving the overall health of its residents. Initiatives such as Healthy Eatonville Place caught the attention of the foundation because of its community outreach success in diabetes prevention and management. Town officials also showcased programs addressing economic issues that affect physical health like access to healthy food with a community garden with organic fruits and vegetables offered free of charge to residents. As one of the smallest cities or towns in Orange County, Eatonville is an excellent example of grass roots problem solving.	 

WertV's general regulations are further supported by the Wertermittlungsrichtlinie (abbr. WertR, "directive on the determination of value").[21] The WertR provides templates for calculations, tables (e.g., economic depreciation) and guidelines for the consideration of different influences. WertV and WertR are not binding for appraisals for nonofficial use, nonetheless, they should be regarded as best practice or Generally Accepted (German) Valuation Practice (GAVP).
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Phil Ammann is a St. Petersburg-based journalist and blogger. With more than three decades of writing, editing and management experience, Phil produced material for both print and online, in addition to founding HRNewsDaily.com. His broad range includes covering news, local government and culture reviews for Patch.com, technical articles and profiles for BetterRVing Magazine and advice columns for a metaphysical website, among others. Phil has served as a contributor and production manager for SaintPetersBlog since 2013. He lives in St. Pete with his wife, visual artist Margaret Juul and can be reached at phil@floridapolitics.com and on Twitter @PhilAmmann.

This article is largely based on an article in the out-of-copyright Encyclopædia Britannica Eleventh Edition, which was produced in 1911. It should be brought up to date to reflect subsequent history or scholarship (including the references, if any). When you have completed the review, replace this notice with a simple note on this article's talk page. (November 2017)


In a continuing effort to reduce costs of operating its motor fleet, the Hillsborough County Property Appraiser’s office announces an Invitation for Bids for the leasing of approximately 20 full hybrid (gas-electric) sedan vehicles model year 2017 or later. The deadline for submittal of bids is June 15 at 2 p.m. All interested firms can obtain a copy of the IFB by clicking here.
Congratulations to the Town of Eatonville Florida for winning a $25,000 grant from the Robert Wood Johnson Foundation for improving the overall health of its residents. Initiatives such as Healthy Eatonville Place caught the attention of the foundation because of its community outreach success in diabetes prevention and management. Town officials also showcased programs addressing economic issues that affect physical health like access to healthy food with a community garden with organic fruits and vegetables offered free of charge to residents. As one of the smallest cities or towns in Orange County, Eatonville is an excellent example of grass roots problem solving.  
 	Thanks to Jason Taylor for providing an overview of the services provided by the Orange County Emergency Operations Center in the event of disaster in our area to representatives from our Commercial Real Estate team. As many as 80 representatives from government and community organizations can staff this room to work together to meet the needs of the county and its residents. In the aftermath of an incident, appraisers from our office go into the field and assess damage to residential and commercial buildings which is reported to the federal government.	 

WertV's general regulations are further supported by the Wertermittlungsrichtlinie (abbr. WertR, "directive on the determination of value").[21] The WertR provides templates for calculations, tables (e.g., economic depreciation) and guidelines for the consideration of different influences. WertV and WertR are not binding for appraisals for nonofficial use, nonetheless, they should be regarded as best practice or Generally Accepted (German) Valuation Practice (GAVP).


Welcome to our home page. We are State of Florida real estate appraisers providing residential appraisal services in Hillsborough, Pinellas, Manatee, Pasco, Polk Sarasota, Lee, Charlotte, Collier and Desoto counties. My Florida Home Appraisal is a leading provider of real estate valuations for the mortgage lending and non lending marketplace as an independent, full service real estate appraisal company. We are known throughout Florida's South West and Tampa Bay areas as one of the premier real estate valuation firms . Our reputation as a leading real estate appraisal firm is the product of our commitment to consistently provide a higher standard of service and outstanding results. We strive every day to ensure that our clients' expectations are not only met, but far exceeded.
Unfortunately, recent distressed sales in the surrounding area can lower your home's appraisal value. If you feel that your home's value has been dragged down by the sales prices of nearby foreclosures and short sales, you may be able to convince the appraiser that your home is worth more if it's in significantly better condition than those properties. Sellers should also know that federal guidelines (intended to eliminate the inflated appraisal values that contributed to the 2008 housing crisis) sometimes cause appraisals to come in below fair market value and can make low appraisals difficult to challenge.
When evaluating a property's value, appraisers note the characteristics of the property and surrounding area, such as a view or noisy highway nearby. They also consider the overall condition of a building, including its foundation and roof or any renovations that may have been done. Appraisers photograph the outside of the building and some of the interior features to document its condition. After visiting the property, the appraiser analyzes the property relative to comparable home sales, including lease records, location, view, previous appraisals, and income potential. During the entire process, appraisers record their research, observations, and methods used in providing an estimate of the property’s value.
Officials estimate the county is foregoing $49,301 in property taxes during the ten years on all properties. St. Petersburg, which also is waiving property taxes earmarked for the city, would be giving up about $62,343 in ad valorem taxes over the ten years. The actual amount won’t be known until the Pinellas County Property Appraiser values the real estate.
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