Calculating the Contributory Value of Improvements in Real Estate When appraising real estate, one of the key challenges is determining the contributory value of improvements—the extent to which structures or other enhancements add to the overall value of a property. Understanding this concept is critical for appraisers, developers, and property … [Read more...]
ChatGPT and AI Assisted Appraisal Reports
Insite Valuations is Using ChatGPT. Unlocking Efficiency and Insight: The Advantages of Using ChatGPT in Commercial Appraisal The commercial appraisal process is a meticulous and detailed endeavor, requiring a balanced mix of quantitative analysis, market knowledge, and interpretive skill. As technology advances, appraisers are increasingly … [Read more...]