Episode 091 - Value Is NOT One Number

Are you under the impression that the appraised value is the only value? Let’s set that false impression to rest and talk about a range of value, and how to better understand how to value property.

Qualitative versus Quantitative valuation can help solve some of the issues found in valuing property. Don’t focus so much on one number. Realize that value is a range.

 

SHOW NOTES

• 01:50 – Value is not one number.
• 04:07 – Market value versus market price.
• 05:55 – Qualitative versus quantitative valuation.
• 08:05 – Validity to valuation when looked at as a range.
• 09:28 – Quantitative approach refines the value number.
• 10:45 – Recognize that your value is not the only value.
• 11:25 – Don’t be so rigid on one number.

 

SHOW LINKS

• Ricotta cheese vs. Cottage Cheese in Lasagna – https://greatist.com/eat/ricotta-cheese-and-cottage-cheese-what-is-the-difference

 

BETWEEN THE LINES LINKS

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