Appraisal and estimate a well-supported value opinion

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You complete an appraisal and estimate a well-supported value opinion. However the client calls to inform you the zoning of the property may change. The client now wants to know how the value would be affected.

How would the value conclusion of a given appraisal change if the property zoning was changed from residential to commercial?

How would the land value analysis change?

How can we determine if the property is in its highest and best use now that the land-use regulations have changed?

Reference no: EM13283212

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