Asking Price for the Assessment of a Fruit Orchard: Some Evidence Using the Remote Segments Approach
Giuseppe Cucuzza,
Marika Cerro,
Laura Giuffrida
Abstract:When missing reliable comparables, estimating inappropriately is a high risk in the use of both market-oriented and income approach methods. Therefore, it is useful to identify effective alternatives in accordance with the estimation method to arrive at the estimated value in the absence of comparables. This paper examines the use of the asking price for estimating the market value of a fruit tree orchard, missing comparable data of similar assets. The analysis was conducted by considering two different scenar… Show more
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