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8 Sustainability Trends Driving Commercial Real Estate for Earth Day

The Robert Weiler Company

Upgrades to existing buildings brought an even bigger reduction in operating costs globally, with green renovations at 11.5% Construction of new green buildings and green renovation or retrofit projects increase the asset value of buildings by upwards of 9%. reduction in operating costs in the first year and a 16.9%

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The “Science” Behind Residential vs. Commercial Real Estate Appraisal

The Robert Weiler Company

Cost of construction and materials. Most professional commercial real estate appraisers employ a mix of the following strategies: By cost : How much would it cost to build or significantly renovate the property? Below are the defining characteristics for a residential appraisal: Cost per square foot. Floor plans. Don’t Be Seduced!”

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My Top 8 Search Criteria For Finding The Best Comps

Birmingham Appraisal

In some neighborhoods, older homes may be highly sought after, while in others, newer constructions may be more desirable. Buyers are frequently drawn to specific neighborhoods for reasons such as safety, walkability, or access to public transportation. Over the past several years we have all seen drastic changes occur in the market.

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Will Springer Realtor - Untitled Article

Will Springer Realtor

Census data suggest that more than 2M additional homes will reach their “prime remodel” years through 2027 – a time when homes tend to undergo their first major kitchen and bath renovations. such renovations to these homes (between 20 and 39 years old), with about 200,000 of those projects running north of $25K each.

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Expectations for 2023 in Seattle/King County Real Estate

Will Springer Realtor

14 – after the publication of this blog post – when it will likely announce another rate rise.). My blog post on how mortgage rates are set is a good side topic.). Locally, permits for single- and multi-family home construction are down about 20% from this time last year. (The Fed board was scheduled to meet on Dec.

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Seattle’s Storied History With the Craftsman Home 

Will Springer Realtor

Though it went through extensive renovations in 2016, the home still stands today.). Craftsmans were popping up within walking distance of public transportation. The Seattle Post-Intelligencer described the new-home construction “of the mushroom order … here and there and everywhere.”.

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Millennials Expected To Maintain Real Estate Buying Intensity

Will Springer Realtor

I don’t usually tout the work on my Living the Dream blog except for a brief mention at the bottom of each newsletter in the “In case you missed it …” section. One blog post has been on my radar since last summer, and I was finally able to pull together enough detail and visuals to tell the story right. 3-D PRINTED WHAT?? this year. >>