The Site Description section is typically the easiest part of an appraisal to write. Thanks to online data systems, getting pretty and timely maps is almost too easy. Appraisers know how to describe topography and other basic site features. I've said before that each marina has a story to tell and the Site Description is.
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The Realities of Marina Land – Part 4 of 6
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Posted by John Simpson
The first thing that probably comes to mind about things that limit or stifle development of a marina site is government regulation. So why make it the fourth thing I’ve considered, not the first? That’s because many of the government regulations kick-in and branch based on what type of soils are there and whether wetlands.
Read moreThe Realities of Marina Land – Part 3 of 6
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Posted by John Simpson
The prior post addressed soils, which is one of several important components for determining if wetlands are present. In the absence of a wetlands delineation (which can cost upwards of $30,000), we appraisers are left with having to determine wetlands and development potential ourselves.
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