ENVIRONMENTAL HAZARDS IMPACT ON VALUE

Course overview

It is difficult for any individual, including professionals, to make a decision regarding work practices without understanding the reasons why. This course evaluates and describes environmental hazards impact on value and reviews the regulatory implication appraisers are faced with. Environmental hazards can have a negative impact on value, but can the impact be calculated using cost to cure methods or is there diminution from stigma? We will review several of the most common environmental hazards and how they impact both residential and commercial property values.