Saturday, January 28, 2023 | The Latest Buzz for the Appraisal Industry

Extraordinary Assumptions and When to Use Them

An extraordinary assumption is something that the appraiser assumes to be true but has no way of knowing. An extraordinary assumption involves uncertainty, as it may or may not be true. If the assumption were found to be false, it could affect the appraiser’s opinions and conclusions. Read on to learn about the definition of an extraordinary assumption and when it should be used, as well as the overuse of extraordinary assumptions.

Extraordinary assumptions

Jeff Bradford

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What are you passionate about? Is it appraising? Do you find that time just flies by when you’re working on an appraisal? Appraising has a

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