ALASKA FOCUSED VALUATION
FEMA 50% Rule Appraisal
(Substantial Improvement Test)
Determination of the actual cash value (ACV) of building improvements for floodplain compliance.
This appraisal is required to evaluate whether renovation or repair exceeds 50% of the building value, which may trigger compliance with current floodplain management and building code requirements
When This Is Required
A FEMA 50% Rule Appraisal is typically required when:
- Property is undergoing repair or renovation
- Damage has occurred and rebuilding is planned
- Local jurisdiction requires substantial improvement determination
- Floodplain regulations apply to the property
Scope of Analysis
- Determination of depreciated value (ACV) of improvements
- Exclusion of land value
- Support for local building department review
- Documentation aligned with regulatory requirements
Valuation Basis
Valuation is performed on an actual cash value (ACV) basis, consistent with FEMA and local jurisdiction requirements.
Approach
Assignments are structured to:
- Provide clear and defensible valuation conclusions
- Meet jurisdictional and compliance standards
- Support timely project decisions
Positioning
This service is provided selectively as part of broader valuation capabilities.
Assignments are typically event-driven and time-sensitive, requiring prompt and accurate valuation support.
Users of This Work
- Property owners and developers
- Contractors and project managers
- Local building departments
- Advisors involved in renovation or compliance decisions