- Gary Snowdon, ASA
is a commercial real estate appraiser who appraises all non-residential property and specializes in industrial and vacant land valuation, and diminution of value cases, in Upstate New York.
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Contact Gary
E-mail: Click Here
518-227-0011
Snowdon Valuation
589 Highwood Circle
Albany, NY 12203
Category Archives: Working with Appraisers
What's the Cap Rate?
A group of brokers recently asked me to comment on another appraiser’s newsletter. The newsletter reported three capitalization rates, each for a different property. “How can this possibly be the retail cap rate in our region?” they asked about one.
The Valuation of a View
I presented a PowerPoint presentation on the appraisal of the Olana Viewshed (and conservation easements in general) on May 16, 2009 at the Hudson Valley ASA Fred Iusi Conference in Albany, NY. Here’s a sample of the presentation (without audio). … Continue reading
Appraising Appraisals
There are times when the client’s opinion of value differs from the appraiser’s opinion of value. This could be due to the appraiser’s mistake or omission, or the client’s lack of understanding of the appraisal process. Two recent articles, one … Continue reading
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10 Ways to Stumble in Commercial Real Estate
Vivian Marino writes in the November 12, 2006 New York Times, As the residential market softens, many hands-on real estate investors are turning their attention to the commercial side…Making the jump, however, is not always easy. Ms. Marino’s advice comes … Continue reading
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The Scope of Scope
How do the appraiser and client determine the appropriate Scope of Work? The design of the Scope of Work for an appraisal assignment is clearly stated in the USPAP Scope of Work Rule: “For each appraisal, appraisal review, and appraisal … Continue reading
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Credible Credibility
I mentioned in my last post the importance of the the “credible appraisal.” The Scope of Work employed by the appraiser must be sufficient to produce a credible appraisal. The Uniform Standards of Professional Appraisal Practice (USPAP) has always required … Continue reading
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The Departure of Departure
One of the most confusing aspects of the Uniform Standards of Professional Appraisal Practice (USPAP), for both appraisers and their clients, has been the Departure Rule. Departure has been around for about 12 years and allowed appraisers to “depart” from … Continue reading
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