Thomas Holding

In fact, the prevailing methodology used in property tax offices in the United States, the sales-adjusted cost approach, yields reasonable land values as a side effect, at least when it's performed correctly.

I describe this method in How Appraisers Value Land, an interview conducted with veteran North Carolina property assessor Thomas Holding, who has 30 years of experience on every side of the appraisal industry, public and private, fee appraisal and mass appraisal.

Footnotes.

For fee appraisal, this is when you get an individual appraisal, typically to secure a loan from a bank for a property you want to buy.

In fact, the word metaphor actually etymologically means carry across 'cause you're carrying knowledge across from one place to another.

So this is work from Dr. Thomas Holding of the, um, Max Planck Institute for Evolutionary Anthropology.

[laughs]

Sorry, I didn't know this when I selected it.