To express an opinion on the appraiser's value conclusion, what must a reviewer include?

An effective review of an appraiser's value conclusion demands a deep engagement with the original appraisal and often involves integrating elements from that appraisal into the reviewer's assessment. By adopting relevant parts of the original appraisal through assumption, the reviewer demonstrates a thorough understanding of the methods and analyses undertaken by the appraiser. This process involves critically evaluating the original findings and views, incorporating aspects that align with the reviewer's perspective on value.

In this context, the reviewer is not merely rephrasing or reiterating the original appraisal; rather, they are synthesizing parts of it to justify their conclusion. This approach helps ensure that the review is grounded in the original data and assumptions while providing a reasoned and validated opinion regarding the value conclusion. Overall, adopting parts of the original appraisal allows for a more informed and comprehensive evaluation.