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Appraisal Preparation, Appraisals Andria Minicucci Appraisal Preparation, Appraisals Andria Minicucci

The Cost of an Appraisal: What You’re Really Paying For

As an accredited appraiser with the International Society of Appraisers (ISA), one of the most common questions I encounter is: “Why do appraisals cost so much?” It’s a fair question, especially when clients are unfamiliar with what goes into the process of valuing personal property, particularly fine art. The cost of an appraisal can feel significant, but understanding the rigorous work, expertise, and expenses involved can shed light on why these services are worth the investment.

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Value, Report Types, Appraisal Preparation Andria Minicucci Value, Report Types, Appraisal Preparation Andria Minicucci

What Type of Appraisal Services Do You Need?

More often than not, clients request an appraisal, assuming that there is a one-size-fits-all report that can satisfy any need. However, valuation services are more nuanced, with each type tailored to specific purposes. Understanding these differences is crucial in ensuring that you receive the appropriate report for your needs, whether it's for insurance, estate planning, donation, resale, etc.

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