Face Value

Author: Appraisal Institute

Welcome to Face Value, the official podcast of the Appraisal Institute. Join rotating hosts Warren Boizot, SRA, AI-RRS, and Tonia Vailas, MAI, AI-GRS, each month as they share appraiser experiences, insights and stories with other credible experts in the valuation profession. Tune in as they dive into the latest trends, news, association updates and more. Don't miss out on appraisal news you wont find anywhere else, all delivered at face value.
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Language: en

Genres: News, News Commentary

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Off Grid Appraisals
Episode 3
Monday, 10 November, 2025

In this episode of Face Value, hosts Tonia Vailas, MAI, AI-GRS, and Warren Boizot, SRA, AI-RRS, explore the unique challenges of valuing off-grid and rural properties with guest Bo Fox, SRA, an experienced appraiser from Warren, Pennsylvania.From Amish-built homes completed in just two weeks to properties powered solely by solar panels and wood stoves, the conversation delves into markets where traditional valuation methods don’t always fit. The trio discusses how appraisers can navigate limited comparables, functional utility questions, and market competency when standard approaches fall short.Fox shares real-world insights into unconventional housing markets — where unfinished interiors may be the norm and private, community-based financing replaces conventional loans. The episode unpacks how appraisers can think beyond the textbook, adapt their methods, and accurately assess properties that operate entirely outside the grid.Whether you’re an appraiser tackling your first off-grid assignment or a seasoned professional curious about niche markets, this episode offers practical takeaways and thought-provoking perspectives on what it really means to define “value” in unconventional real estate.