Valuing Stigmatized Properties
In his years as a valuation professional, Randall Bell, Ph.D., MAI, has specialized in generating opinions of value for property that has been damaged or stigmatized. There are hundreds of ways a property could be deemed as stigmatized or damaged, including environmental contamination, construction defects, natural disaster and criminal activity.
In the Appraisal Institute’s newest video, Bell speaks about his various valuation assignments from around the world and answers the following questions:
Watch the video to learn more and comment below with any damaged or stigmatized property you’ve evaluated in your career.
- How can a property become damaged or stigmatized?
- What are your most notable real estate damage valuation assignments?
- How do you generate an opinion of value for a stigmatized or damaged property?
- What is different about a specialty in valuation of damaged or stigmatized property?
- How do you present the findings of stigmatized valuation assignments?
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