A house is always valued and appraised using residential practices which uses comparable sales.

@James Sedano If you feel this strongly in favor of having the trust, I would recommend a firm who specializes in estate law or has a practice group who does rather than a generalist.

I hold and practice real estate out of Texas.

A qualified professional appraiser will generate a comprehensive analysis considering factors such as sales comparisons, highest and best use, market conditions, and income generated following Uniform Standards of Professional Appraisal Practice guidelines.

It's admirable that you are defending him as he defends unethical and immoral business practices.

The use of a flat fee for higher-value properties is a common practice and can be beneficial in ensuring transparency and predictability in transaction costs.

And, if you think about it, having electric in only one spot isn't very practical. 

Changing whole buildings over isn't always practical (or prudent) and we will be running buildings profitably with galvanized pipes in the walls for the rest of my career. 

It tightened up the system and made it harder to file those frivolous claims.I’ve been in real estate here for over 20 years, and while the storms are no joke, it's those past practices that really drove insurers out and drove rates up.

My wife and I are currently starting out real estate journey. 1.5 years ago we bought a dental practice, and last year we purchased our dental office building priced at around $2M with $500k in equity.