Appraised Value
The value opinion issued by a qualified appraiser.
Definition
Appraised Value is The value opinion issued by a qualified appraiser. Teams usually run into it when the property has to be judged as an investment, not just as a building that stayed busy.
What makes it useful is that return metrics translate rent, expense, and value into a language owners, lenders, and buyers all understand. Each metric strips away a different layer of noise, so using the wrong one can distort the story.
Use cases
Use Appraised Value to translate property operations into an investment result.
Review Appraised Value when the team needs to compare assets using a metric that matches the decision being made.
Track Appraised Value so operations can keep ownership discussions grounded in return, not just activity.