Less can be more — When calculations offer an alternative to valuations

Description

Abstract: Calculations can be an efficient, economical alternative to detailed, written valuation reports — but only under the right circumstances. This article explains what a calculation is, identifies the pros and cons, and considers some examples of when a calculation might (or might not) work. The article notes that whether or not a calculation will work depends on the engagement specifics, including the appraisal’s intended use, the interest being valued and the availability of information.