Journal

Valuing land with conservation easements in the Sierra Foothills
Conservation-restricted land does not have one universal discount. In the Sierra Foothills, an easement may preserve oak woodland while limiting subdivision,…
Appraising solar leases and power purchase agreements
Solar panel leases and power purchase agreements have moved from specialist topics to everyday valuation issues across Australia. As householders and investors…
How to appraise high-rise residential and mixed-use podium properties
A high-rise residential tower, or a mixed-use building with homes above shops and amenities, creates several markets within one address. The appraiser must…
Valuing large development parcels in Australian markets
A megasite is more than a large parcel of land. It is a proposed urban development combining residential lots, employment land, retail, roads, schools, open…
The Appraiser's Role in Nonprofit Property Tax Exemptions
A community legal centre leasing its premises, a place of worship owning a hall, a charity operating a warehouse for rescued animals — each relies, at least in…
Appraising properties with seller disclosures and known defects
Seller disclosures often appear simple: the owner says the roof was replaced, the apartment is termite-free, or the extension was approved. For an appraiser,…
How Recreation Facilities Influence Nearby Housing Values
A new health club or recreation centre can change how buyers perceive a neighbourhood. It may add convenience, improve social connection and make daily…
How to value properties with gravel pits and sand quarry operations
Gravel pits and sand quarry operations are specialised industrial properties whose value comes from land, extractable reserves, operating plant, permits and…
Wetland mitigation requirements in Australian property valuation
Wetland mitigation requirements can materially affect a property’s market value, but the effect is not a simple deduction labelled “wetland.” An appraisal must…
Appraising self-storage facilities: market rents and unit mix analysis
Self-storage is often reduced to a simple calculation: multiply the number of units by a market rate and apply a capitalisation rate. That approach overlooks…