Life care communities - Valuation, Retirement communities - valuation, Assisted living facilities - valuation, Health facilities - Valuation, Valuation of personal property
This article describes a method for identifying and apportioning the total value of senior living and long-term care properties between business and real estate and provides insight into individual project values as well. This method, an application of the sales comparison approach, can serve as a check on value estimates arrived at by other methods or, in the absence of data to apply other valuation methods, as a tool to estimate individual values.
Crotty, Richard T.; Mullen, Anthony J.; and Weaver, William C.
"Identifying business values in assessment of senior living and long-term care properties,"
Assessment Journal: Vol. 8:
2, Article 1.
Available at: https://researchexchange.iaao.org/assessment_journal/vol8/iss2/1