Real Estate Appraisers
Fairfield, Solano County, San Francisco North Bay, Ca. USA 94533, 94534, 94535

Fee Appraisal - Appraisal of an individual property by a contracted appraiser who is usually paid a fee. For example, this will be done prior to a loan being issued by a bank, to verify that there is sufficient collateral should the borrower default.
Mass appraisal - Appraisal of many properties using a more statistical approach. Usually done by government agencies responsible for setting values for property tax calculations.
There are various approaches to determining the value, including:

Market - also known as "sales comparison" - establishing the value based on a comparison of what similar properties have sold for.
Cost - Establishing value based on the cost to build that structure new, less depreciation.
Income - For commercial properties as well as multifamily residential property (duplexes and apartment buildings), establishing the value based on the income the property generates. For example, Retail space may be valued based on the rental income.

Also See:

Real Estate Index

Index Fairfield

Keyword Category Index