A diminution in value appraisal is perhaps the best measure of true economic loss, where additional research and case studies are done to determine repair and cost. This illustrates the practicality of measuring the value diminution by using market based information. Appraisers has acknowledged cost does not equal market value, cost of repair does not mean equal value diminution. In most cases a diminution in value if the best measure of property damage or loss.
G & J Manfra Appraisals Inc. is experienced in diminution in value cases and understands its measure of damages in real property by performing an investigation and research we will be able to provide the necessary value of property damage or loss. We are an independent real estate appraiser that specializes in real estate damages as well as value diminution.
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