Appraisal Process Development Inventory Market Value 
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? Obsolescence can cause a loss in home value. This is from a home I recently appraised.
Birmingham Appraisal
MARCH 26, 2024
A Different Market I think we can all agree that the real estate market we are currently in, as of the writing of this post, is not the same one we were in from 2020 to 2022. The market dynamics have changed namely interest rates. Prices have held steady and even increased in some areas due to limited inventory.
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Birmingham Appraisal
MARCH 26, 2024
A Different Market I think we can all agree that the real estate market we are currently in, as of the writing of this post, is not the same one we were in from 2020 to 2022. The market dynamics have changed namely interest rates. Prices have held steady and even increased in some areas due to limited inventory.
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. NO BLANK FIELDS. ACCURATE DATA.
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.
Appraisal Today
JANUARY 5, 2024
Spend hours writing volumes of supporting documentation to justify the market value of a property you already decided on when you pulled into the driveway. Streamline my appraisal process (10%) Plus 3 more To read more, Click Here My comments: Interesting stats! Chance to really irritate annoying real estate salespeople.
Appraisal Today
SEPTEMBER 9, 2022
What Is a Reconciled Value? Excerpts: What does the appraiser do with the three different values that may be developed? The appraiser must now reconcile these three values into one final opinion of value. My comments: Written for home owners, but very relevant for appraisers. By Jamie Owen.
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