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Appraisals and Water Frontage

Appraisal Today

Appraisals and Water Frontage. With many water fronting properties, the topics of “riparian and/or littoral rights” (and the “prior appropriation doctrine” in the western states) come into play, along with several other issues. Among the rights that come with real property ownership is the right to exclude others.

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Uncertain future, forgetting the past

Annarbor Appraisal

This information clearly shows a declining trend from the 2005 data down to a low point between 2009 and 2011. If prices had already started to level even with an extreme shortage of inventory, what will happen when the market unfreezes and buyers and sellers are free to move around again? What happens if it only tops 15%?

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