Appraisal Today
JULY 1, 2023
The architectural marvel, known as the Rotating Home, sits high on Mount Helix. Highest and Best Use vs. Market Value By Timothy Andersen, MAI Excerpts: There are numerous definitions of market value. It began with a summary of the definitions of highest and best use versus the definition of market value.
Appraisal Today
JANUARY 19, 2024
After a major interior makeover, the architecturally significant home is in Houston‘s upscale Piney Point Village neighborhood. That’s what makes midcentury architecture so appealing: It brings the outside in.” An example of this in real estate appraisal is the purchase and sale contract. Excerpts: five bedrooms, 4.5
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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. baths An architectural masterpiece designed by World renowned architect Harry Gesner and a wonderful fusion of modern architectural style with Gothic castle.
Appraisal Today
APRIL 2, 2023
What Do Appraisers Look For in a Sales Contract? Why must an appraiser be given a copy of the sales contract? Secondly, the appraiser is likely familiar with the local real estate contract forms, customary terms, and conditions of real estate transactions in the area, and might be able to identify irregularities and comment on them.
Appraisal Today
OCTOBER 20, 2023
Acre lot Situated in the foothills of the Sierra Nevadas, Mountain House stands as a testament to an architectural brilliance and a profound connection with nature. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) increased to 7.70 percent from 7.67 percent from 7.70
Appraisal Today
OCTOBER 7, 2022
If it had a market value of $345k, it would have listed at $345k!”. “Owning this house is a bit like being a celebrity in very weird, eclectic circles,” he said in a recent interview, noting how architecture students would regularly visit to study the home’s sculptural construction. To read more click here.
Appraisal Today
JANUARY 27, 2023
By Jamie Owen Excerpts: The Appraisal of Real Estate, fifteenth edition on page 352, states that “…the relationship between land and improvements and the relationship between a property and its environment must be in balance for a property to achieve its optimum market value. Good graphs on fees, turn time, and revision requests.
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