Business Finance Homework Help

Need an Appraisal Report done on the property attached below. The file that is attached is what it needs to have in it.

Here are some things to consider while preparing your report:

Visit the location in the report.

Research all information about the site.

• Who owns it
• Is it for sale
• What is its history
• What is the highest and best use now based on market analysis and marketability
  • The Cost Approach
  • The Income Approach
  • The Sales Comparison Approach
  • If any approach was not applicable – Why?
  • How did you reconcile the approaches?
  • Did you weight any of the approaches – why?

Attempt the three approaches we have learned.

Remember to make a conclusion.

Your report should contain the following sections in the following order in APA format:

• Title Page
• Letter of Transmittal
• Table of Contents
• Introduction
  • Identification of The Subject Property
  • Property Rights Appraised
  • Scope of Work
  • Current Ownership
  • Property History
  • Geographic Description
  • Property Profile
  • Assessor’s Map
  • Area Map
  • Legal Description
  • Assessed Valuation and Taxes
• Market Conditions
  • Market Analysis
  • Marketability Analysis
• Highest and Best Use
  • Highest and Best Use as Though Vacant
    • Legally Permissibility
    • Physically Possibility
    • Financially Feasibility
    • Maximum Productivity
    • Conclusion of Highest and Best Use as Though Vacant
  • Highest and Best Use as Improved
• Valuation
  • Sales Comparison Approach
  • Income Approach
  • Cost Approach
• Reconciliation and Conclusion
• Reference Page