Remove 2015 Remove Design Remove Development Remove Market Value
article thumbnail

The Proposed NYC "Pied-A-Terre Tax" Looks Catastrophic to NYC Real Estate

Miller Samuel

The New York state political zeitgeist was recently and suddenly tilted against luxury development in New York City. If this latest turn of events plays out as written, we'll be able to look back at this era as a milestone where the supertanker began to turn in the wrong direction for the new development multi-family industry.

article thumbnail

Must-Read Tips to Appraise, Buy, and Sell Special Purpose Property [2021]

The Robert Weiler Company

Today, it is in the aforementioned neighborhoods that a special purpose property – buildings designed for one specific use – are being repurposed for new ventures. And, it is a major development that the Columbus region should celebrate. And, they too, face a variety of challenges unique to their designation. What Is It Anyway?

Appraisal 158
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Appraising Green Buildings: Do Solar Panels Add Value to the Property?

Boston Appraisal

Green buildings are defined as properties that use renewable energy and efficient building materials in their operation, construction, and design to create positive impacts on human and environmental health. Property owners are often surprised when the time comes to estimate the fair market value of their green building.

article thumbnail

For Your Consideration, A Review

Valuation Nation

Introduction: The purpose of the appraisal review is to develop an opinion of quality for the referenced appraisal report (blog). The appraisal review was developed, and the report was prepared in accordance with the Uniform Standards of Professional Appraisal Practice. Issues with the Development Process.

article thumbnail

RISING INFLATION, RATES TRIP UP HOUSING MARKET

Will Springer Realtor

equities suffered their worst first-half performance since 1970, with the S&P 500 entering bear market territory by losing 21% of market value from the start of the year to July 1. The tech-heavy Nasdaq has been hit especially hard, having lost 31% of its value since reaching an all-time high last November. .

article thumbnail

UNDERSTANDING THE TRUE COST OF HOMEOWNERSHIP

Will Springer Realtor

The result: Nearly one-third of all households are cost-burdened, the highest rate since 2015. >> >> Seattle metro has benefitted from 6138 new apartment units in 2023, according to data compiled by John Burns Research and Consulting, which forecasts another 25,687 units in development. with Dallas metro at No.