What standards do appraisers use to estimate Downtown Minneapolis and Uptown Minneapolis values?

Appraisers use several factors when estimating a Downtown Minneapolis and Uptown Minneapolis home's value, including the home's size and square footage, the condition of the home and neighborhood, comparable local sales, any pertinent historical information, sales performance and indices that forecast future value. For detailed information on appraisal standards, contact the Appraisal Institute at 875 N. Michigan Ave., Suite 2400, Chicago, IL 60611-1980; (312) 335-4458.

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