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People consult Auctioneers to appraise real and personal property for court actions such as estates, guardianships, bankruptcy, divorce and other civil cases. For Appraiser and Auction, we want an objective, impartial, and unbiased opinion about the value.

The estimates are added together to calculate the value of the entire improved property. The cost approach makes the assumption that a reasonable buyer would not pay more for an existing improved property than it would cost to buy a comparable lot and construct a building that is comparable in terms of desirability and usefulness. This approach is useful when the property being appraised is a type of property that is not frequently sold and is not an income-producing property. Examples include schools, churches, hospitals and government buildings