Fundamentals of Real Estate Appraisal

by William L. Ventolo Jr., Martha R. Williams

Fundamentals of Real Estate Appraisal is a classic text in the field, first published in 1975 and still updated by the original authors. The latest edition of this best-selling text provides a strong foundation for understanding the modern real estate appraisal market. New discussion includes the mo ...

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544 pages, Paperback

First published October 1, 1993

Reviews

[Pov Ratha]

I am interesting this book because I really want to improve knowledge relating to this field of real estate appraisal and I will recommend it to another friend.

[Travis]

Beyond the Book…

Fundamentals of Real Estate Appraisal 11th Edition
by Williams L. Ventolo, Jr. & Martha R. William, JD
Nonfiction- Textbook

4.5 ★★★★☆

While textbooks are generally not on the top of my to read list, I do find them particularly interesting. With a respectable pace and reasonable comprehension, you are able to learn a whole subject in a matter of a weeks’ time. That is exactly how I learned the fundamentals of real estate appraisals.

Throughout this textbook, as with any textbook, you learn industry terms and basic principles of the subject. Having a solid foundation of the real estate industry prior to this book only enhanced my understanding and knowledge of how appraisals are executed. You will learn the appraisal process from start to finish and gain a solid understanding of the three appraisal methods, the sales comparison approach, the cost approach and the income approach. There are plenty of examples and quizzes to test your understanding as you read through the chapters.

I would recommend this book to anyone who is interested in a career as an appraiser. I would also recommend this book to real estate agents/brokers, builders, developers, and real estate investors, including wholesalers, flippers, buy and holds, spec builds, etc. The appraisal process is a key aspect in any property sale or purchase. Having a vast knowledge of a property’s value can save you a lot of time, money and headaches. Not to mention the added worth to your own value proposition and skill sets.

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