Summary: This show continued with the discussion of the basic concepts of Real Estate Appraisal and different types of property lots and how the shape, location, and design affect the property's value. Next, there was a discussion of why real estate professional need to know the structural components of a home. Finally, there was a discussion of The Basic Appraisal Principles e.g. supply and demand, change, conformity, etc. and how these economic concepts affect a property’s value.
