appraised value

Isaac Kremer/ November 23, 2025/ / 0 comments

The current market value of a property; may be determined by comparison to the sale price and condition of other similar properties; by analyzing the net income generated, or by estimating the replacement cost; typically estimated by a private or local government appraiser. See also assessed value, highest and best use. (Bucher, 1996)

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About Isaac Kremer

IsaacKremer.com is the personal website of Isaac Kremer, MSARP, a nationally recognized leader in the Main Street Approach to commercial district revitalization with over 25 years of experience. Kremer, New Jersey's first certified Main Street America Revitalization Professional (MSARP), has served as founding executive director for organizations like Experience Princeton and the Metuchen Downtown Alliance, which won a Great American Main Street Award under his leadership. He recently became director of the Royal Oak Downtown Development Authority in Michigan.

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