What standards do appraisers use to estimate Florida Keys including Key Largo, Tavernier, Islamorada, Marathon, Big Pine Key and Key West values?

Appraisers use several factors when estimating a Florida Keys including Key Largo, Tavernier, Islamorada, Marathon, Big Pine Key and Key West home's value, including the home's size and square footage, the condition of the home and neighborhood, comparable local sales, any pertinent historical information, sales performance and indices that forecast future value. For detailed information on appraisal standards, contact the Appraisal Institute at 875 N. Michigan Ave., Suite 2400, Chicago, IL 60611-1980; (312) 335-4458.

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