Is the T206 Estimator this Outdated?

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Posted By: Scot Reader

First, let me say that I think the T206 value estimator is a useful tool. That said, Lundgren (Chicago) is one of a handful of subjects that almost always shows up in lower grade and, as a consequence, will always command a greater multiple than other subjects when seen in high grade. Lundgren (Chicago) thus exposes a general weakness of computer-based estimators that simply assign a "condition multiple" to a base price to achieve a fair market value. Scot