About Scope:

SCOPE OF WORK: the amount and type of information researched and the analysis applied in an assignment.  Scope of work includes but is not limited to, the following:

  • The degree to which the property is inspected or identified;

  • The extent of research into physical or economic factors that could affect the property;

  • The extent of data research; and

  • The type and extent of analysis applied to arrive at opinions or conclusions.

*Definition from "The Dictionary of Real Estate Appraisal," 4th edition,
The Appraisal Institute c.2002

  

 

 

 

 

 

 

 

 

 

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