Appraisal Process Article Market Value Renovations 
Boston Appraisal
FEBRUARY 11, 2024
Introduction Appraising historical properties involves a complex interplay of factors, making it a specialized field within real estate valuation. Leveraging Market Data The appraisal process begins with a thorough analysis of market data, focusing on sales of properties that share historical or antique characteristics.
Cleveland Appraisal Blog
SEPTEMBER 3, 2021
We also use the MLS to analyze the market trends and to make market-based adjustments for things such as changes in sales prices, as well as features of a home that have a major impact on market value, like finished square footage, bedroom, and bathroom count, lot size and so on. Take finished square footage for instance.
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Cleveland Appraisal Blog
JUNE 25, 2021
What is the primary reason a newly built home has a higher market value than the same home that is older? Simply stated, it is loss in value. What do they indicate and how do appraiser’s measure depreciation? Physical depreciation is the most common cause of loss of value. In a word, depreciation.
McKissock
JANUARY 31, 2023
As part of our Question of the Month survey series, we asked members of our appraisal community, “What’s one thing you wish real estate agents knew about the appraisal process?” Thank you to the large number of appraisers who shared their input! ” “The definition of market value.”
AmeriMac
MAY 24, 2023
We’ll also cover the different types of commercial properties that can be appraised, the overall appraisal process, and the accuracy of these appraisals. Additionally, we’ll discuss valuation approaches and strategies used by commercial appraisers to determine a property’s worth.
Simonson Real Estate
DECEMBER 6, 2022
In 2022, Simonson Appraisals completed a steady stream of financing assignments with planned new construction or significant proposed renovations. On several occasions, we were presented information about construction or renovation plans well after the initial assignment was started. Clarify What Value or Values are Needed.
Cleveland Appraisal Blog
MARCH 4, 2021
There’s value in that. Subsequently, a new home typically has a higher market value than one that has already been lived in. We also develop the effective ages of comparable sales to derive a range of effective ages, which can help to further support our estimate of the effective age of the property we are appraising.
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