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3 Reasons Why an Appraisal Comes in Low

Boston Appraisal

A third, and less common, reason an appraisal comes in low is due to a change in the economic climate within the market area of the subject property. We have all seen how the national economy affects property values. A change in the local economy can also raise or lower local property values.

Appraisal 148
article thumbnail

3 Reasons Why an Appraisal Comes in Low

Boston Appraisal

Reason #3: Economic Impact A third, and less common, reason an appraisal comes in low is due to a change in the economic climate within the market area of the subject property. We have all seen how the national economy affects property values. A change in the local economy can also raise or lower local property values.