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A real estate appraisal is a service performed, by an appraiser, that develops an opinion of value based upon the highest and best use of real property. The highest and best use is that use which produces the highest possible value for the property. This use must be profitable and probable. Also of importance is the definition of the type of value being developed and this must be included in the appraisal, ie fair market value, condemnation value, quick sale value, etc. The most common type of value sought being the fair market value. Other Recommended Illinois property appraisals Sites: p:\kara_nipc\tracts\homevalue.prt.pdf Appraisal Report Types - Commercial Industrial Real Estate Appraiser Understanding the Illinois Property Tax System Cook County Illinois property tax appeals, residential appraisals, Northern Illinois Real Estate Appraisers Inc. Yahoo! Regional>U.S. States>Illinois>Property>Appraisals Locate a Illinois appraiser for your property appraisals. No. 4-02-0554, Peacock. v. Illinois Property Tax Appeal Board Property Appraiser / Property Values Home Inspections, Chicago house appraisals, northern Illinois,... Real Estate Appraisal - home appraisal - appraiser - real estate... Napier Real Estate Property Tax appeals and Appraisals, serving Cook Divorce Source: Illinois: Personal Property Appraisals Arkansas Real Estate, Little Rock Real Estate, Pulaski County Real... Illinois Real Estate Appraiser, Illinois Home Appraiser, Illinois Home | Index | Delaware house prices | Delaware property values | Illinois property appraisals | Hawaii property appraisals | Iowa real estate values | Idaho homevalue | Georgia house prices | Indiana property values |