No more abused approach to value do I see than the sales comparison for a marina. Most appraisers aren’t crazy enough to do a cost approach. It’s a rare day indeed if it produces a number corroborated by the sales comparison approach or income approach (note that there are situations where the sales comparison approach.
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Marina Market Position and Marginal Demand
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Posted by John Simpson
As I go about surveying marinas as part of our market analyses, one question I ask of owners/managers seems to surprise them. When I ask them what their market position is, I usually get an answer that is a question, like "what do you mean by market position?" Marina owners/managers are savvy and know what.
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