2022 Construction Cost Trends and Property Valuation

2022-02-24T11:36:30-05:00Tags: , , , |

COVID-19’s business ramifications extend well-beyond the more popularly-discussed healthcare and restaurant industries. Throughout 2021 and into -22, the construction industry faces skyrocketing costs, presenting significant challenges for new construction projects as well as property repair and replacement work. This, in turn, creates a dilemma for organizations with large property portfolios. How do you place [...]

USPAP Standards: What is a USPAP Appraisal?

2022-01-17T14:04:18-05:00Tags: , , |

If you’re looking for a property insurance appraisal, you may have heard that a USPAP appraisal is a highly- trusted way of collecting property valuation data for your annual Statement of Values (SOV). But what is a “USPAP appraisal” and how is it different from a standard appraisal? All About USPAP USPAP [...]

Cost Fluctuations and COVID-19’s Impact on Property Values

2022-01-13T11:07:29-05:00Tags: , , , , , |

The continuing aftershocks of COVID-19 and their effect on business — particularly in construction and property valuations — is resulting in higher construction costs. Supply chains have been disrupted and the cost for materials in certain areas have skyrocketed. While we can’t predict with any level of certainty what will happen next, it is [...]