analysis

Appraiser judgment is required.  Analysis is reduction and logic. Analysis comprises reasoning and reducing the problem into well-mannered parts.  Logic can be mathematical/absolute, or it may involve uncertainty/probabilistic reality.  Reduction is the act of separating a larger problem into manageable parts. Judgment, in (traditional-legacy) appraisal, is emphasized in picking comps (data selection).  Appraisers are admonished […]