What is the best method to determine the value of a contributed facility?

Using the Real Property module in ORMS (Operational Real Property Management System) is the most effective way to determine the value of a contributed facility because it provides a structured and standardized approach to valuing real property. This method incorporates specific data such as square footage and other relevant metrics, ensuring a more precise valuation based on accurate and up-to-date information.

The Real Property module typically uses established methodologies and criteria that reflect current market conditions, property usage, and other variables critical for accurate assessment. This allows for a systematic way to handle valuations, making it reliable for decision-making purposes.

In contrast, estimating the value through subjective means, like making an educated guess, can lead to inconsistencies and inaccuracies. Contacting a national real estate firm, while potentially useful, may not be as efficient or cost-effective for every situation, especially if internal resources are already available. Relying on multiple disparate methods without a cohesive strategy can produce unreliable results, making the thorough and informed approach of utilizing the Real Property module the best choice.