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Renovations That Increase Home Value in BC: Our Top 8 Picks

D Fritz Appraisals

Major Home Renovations & Home Appraisals: What You Should Know Are you planning house renovations and want to know the best home improvement investments? Or maybe you are planning to sell your house and are wondering about renovations that increase home value the most. How is Home Value Measured?

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Property taxes have been rising. Here’s what it means for housing

Housing Wire

And homes in many communities have shot up in value in recent years, leading to tax increases through reassessments. But opinions differ on how much impact higher taxes are having on local housing and mortgage markets. “I The market has since cooled off, but taxes are going up. In 2022, the average tax on a U.S.

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Market Still Strong as Low Inventory Persists- February Newsletter

DW Slater Company

So what’s happening in the housing markets here? The past six months have been full of very drastic changes as the rapid mortgage rate increases causing many markets to begin to decline. Our markets are still strong. Closely studying our markets is very crucial in understanding current market value for appraisers.

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The Difference Between Pricing a Property and Appraising It

Cleveland Appraisal Blog

They had to pay twice to have their property valued. Because in both instances, they first had their homes valued by real estate agents, not appraisers. Most good agents do a lot of work when pricing a home. If they end up too high, the home will likely sit on the market until the price is reduced.

Appraisal 302
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Equity jumps for Black homeowners, but problems remain

Housing Wire

In 2019, the typical homeowner in a primarily white neighborhood had $33,000 more home equity than the typical homeowner in a primarily Black neighborhood. “Significant gains in home values fueled equity gains from 2019 to January 2021 for homeowners of all races,” the press release stated.

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What’s The Leaven Causing Home Prices to Rise Today?

Cleveland Appraisal Blog

Recently, some of my well-intentioned clients have asked if it is possible to appraise a home, based upon a “normal market”. Others have expressed concerns that we are headed for a housing crash, like in 2008. Don’t drink the Kool-Aid that any contract price is reflective of market value.

Inventory 243
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What is the Role of Market Trends in a Real Estate Appraisal?

Birmingham Appraisal

A Look at How Market Trends are used in the Real Estate Appraisal Process The real estate market is constantly changing, and market trends play a crucial role in helping an appraiser determine property values. In this blog post, we’ll explore the role of market trends when completing a real estate appraisal.