Housing Wire

FEBRUARY 8, 2024

Growing up in Savannah, Georgia, as the daughter of a builder and developer, she learned the processes involved in new home construction from her dad. As Chief Economist for Nest Seekers International, Erin is responsible for developing and translating real estate trend data into consumer and industry insights.

Real Estate Agent 395

Real Estate Agent Real Estate Agents Clients 395

Cleveland Appraisal Blog

APRIL 21, 2022

This article is not intended to poke fun at people that suffer from different illnesses. What if the neighbor’s home in poor condition, was purchased and then renovated? Because when developing the market value of a home, appraisers look for other homes that are comparable in terms of condition. Probably not. is it depends.

Market Value 350

Market Value Appraisal Agents Real Estate Agent 350

Cleveland Appraisal Blog

FEBRUARY 4, 2021

In the article, “How accurate is Punxsutawney Phil?”, According to an article in ctpost.com , “Most of the year, male and female groundhogs are solitary and antagonistic against each other. I wrote two articles about this in the past, where I demonstrate this. I know it’s just for fun. .

Advertising 198

Advertising Valuation Appraisal Renovations 198

Cleveland Appraisal Blog

FEBRUARY 11, 2022

The truth is, that appraiser developed their report in a biased way for this divorce. The point of my article is to be careful about the appraiser you decide to use. Getting back to running shoes, this article was not written to endorse a particular brand of running shoes or stores. Bias is bias! The market value is what it is.

Appraisal 221

Appraisal Market Value Clients Design 221

Cleveland Appraisal Blog

JUNE 25, 2021

Even if they are completely renovated, they are still not considered to be new. That’s a topic for another article. Next, the appraiser will develop the replacement cost of the improvements, using different data sources. That is also a topic for a future article. As a home ages, it begins to deteriorate.

Market Value 244

Market Value Appraisal Marketing Buyers 244

Appraisal Buzz

JUNE 6, 2022

This article was originally published in the Fall 2021 Appraisal Buzz Magazine here. Oh yeah, we need the effective date to be two years ago,” or “actually, we want it to be appraised as if those renovations were completed, not as is.” It’s easier than you think to miss the basics.

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Appraisal Clients Appraisal Process Inspection 221

Will Springer Realtor

APRIL 23, 2024

Developed by the Environmental Protection Agency (EPA), Energy Star is the most widely recognized rating and informs people about the energy use of their favorite appliances and devices. This certification considers air quality, noise pollution, energy savings, materials and other factors in developing a universally recognized rating system.

Construction 36

Construction Land Management Development Design 36

Simonson Real Estate

SEPTEMBER 16, 2021

We then analyze the data and develop opinions of value. New construction or planned renovations – Actual construction cost statements, plans, material specifications, etc. If you would like to learn more about navigating the appraisal process checkout these articles: Valuation – How Much is My Property Really Worth?

Appraisal 78

Appraisal Appraisal Process Real Property Real Estate 78

Lamacchia Realty

JULY 7, 2021

After massive renovations, 6 North Road in Chelmsford has a whole new look and is built to accommodate Lamacchia Realty’s Chelmsford agents as well as agents that were previously located in the Westford office. During the renovation period, Lamacchia Chelmsford agents operated out of the Westford Office. June 16, 2021. No Comments.

Business 64

Business Renovations Realty Realtors 64

Cleveland Appraisal Blog

MARCH 4, 2021

For instance, a thirty-year old home may have an effective age that is the same as a fifty-year old home, if the fifty-year old home has been renovated to a degree that is comparable to the younger home. Here are some links to other articles I’ve enjoyed recently! Click here to visit their website. I hope you will also… .

Appraisal 223

Appraisal Real Estate Real Estate Agent Loan Conditions 223

McKissock

AUGUST 14, 2022

There is some light at the end of the tunnel as people look to renovate older buildings to repurpose as modern housing or bring back to their former glory. Rather than letting an older building fall into disrepair, developers can restore what’s already there.

Inventory 68

Inventory Construction Real Estate Renovations 68

McKissock

SEPTEMBER 29, 2020

Our Unlimited Learning Membership includes professional development tools like videos, checklists, and white papers. Select for more complicated data, such as recent renovations or the number of bathrooms, to improve your model’s specificity and accuracy. Here’s how to build a regression model in eight steps. Learn more.

Tools 64

Tools Renovations Real Estate Appraisal 64

Appraisal Today

APRIL 5, 2024

To read more, Click Here My comments: The article also discusses bias. Significant developments have occurred in the case. The second development in the case is that on March 22, 2024, the attorneys for Drs. In my free newsletter, I typically don’t include links to very adverse blog posts and articles.

Appraisal 77

Appraisal Contracts Business Construction 77

Property Metrics

MAY 28, 2021

” If there is curable functional obsolescence, it means that the property could be renovated or upgraded in a cost efficient manner to bring the property up to modern standards. If it exists, it is up to the property owner/investor to assess the cost of repair/renovation versus the benefits that they will receive from it.

Real Estate 50

Real Estate Tenants Modernization Renovations 50

Housing Wire

JULY 14, 2022

This narrative was once again repeated in the HousingWire article announcing the FHA first-look program: “Typically, FHA-insured foreclosed properties are snatched up by large investors and turned into rental properties.”. The role of renovators. A deeper dive into the data helps to explain this surprising result. I buy local.

Renovations 353

Renovations Investors Buyers Retail 353

Housing Wire

FEBRUARY 8, 2024

In this article What is real estate farming? Also, know about specific local initiatives and incentives, like land trusts, environmental regulations, property developments, or upcoming renovation projects. Related Article 10 best real estate software solutions for agents in 2024 Then comes the in-real-life (IRL) fun.

Real Estate 347

Real Estate Tools Agents Real Estate Agent 347

McKissock

APRIL 27, 2021

Additionally, we examine three characteristics you may consider to determine whether the quality and quantity of data available about the subject’s relevant characteristics is sufficient to develop a credible appraisal. Various available data sources.

Appraisal 89

Appraisal Real Estate Agent Renovations Property Management 89

Housing Wire

OCTOBER 10, 2023

In this article, I’ll share the steps, what to include, what not to includes, and how to assemble a CMA report that’ll impress your clients. Assembling your comparative market analysis I usually develop a report that is broken out into five sections, outlined below. They are more appropriate for an appraisal.

Marketing 399

Marketing Real Estate Agent Clients Tools 399

Property Metrics

DECEMBER 4, 2020

To prevent this, analysts have developed a set of metrics that act as a sort of early warning system of potential bank failures. To illustrate this point, assume that a real estate developer has a checking account with a local bank that has a balance of $100,000 and an interest rate of.2%. In this article we discussed the Texas Ratio.

Tenants 53

Tenants Development Lending Retail 53

McKissock

APRIL 9, 2021

There has been an increase in remodeling and renovating since being quarantined.” ” McKissock’s Unlimited Learning Membership is your one-stop, money-saving solution for all CE plus professional development. ” “Residential market is booming.” Learn more. Desktop appraisals (18%).

Appraisal 96

Appraisal Real Estate Renovations Inspection 96

Cleveland Appraisal Blog

MARCH 30, 2021

According to the park manager Pete Houghton, who was mentioned in an article, “Where the Ducks Walk on the Fish” , this attraction draws over 300,000 visitors a year. So many visitors have stopped by over the years, that they renovated the area to make it more visitor friendly, with better parking and a nicer observation area.

Housing Market 367

Housing Market Marketing Reconsideration of Value Contracts 367

Property Metrics

AUGUST 13, 2020

In this article, we’ll look at eleven types of risk in commercial real estate investment. . Construction risk applies whether there is a new development or a significant renovation. In this article we discussed eleven types of risk in commercial property. Credit/Default Risk. Construction Risk. Conclusion.

Real Estate 53

Real Estate Tenants Investing Construction 53

Property Metrics

APRIL 7, 2022

The yield on cost is a commonly used metric when evaluating real estate development and value-add projects. In this article we’ll take a closer look at the yield on cost in real estate. The yield on cost is widely used by commercial real estate professionals to measure the return on a real estate development or value add project.

Renovations 41

Renovations Development Real Estate Tenants 41

Appraisal Buzz

APRIL 8, 2024

This article delves deep into how blockchain is set to revolutionize appraisals, offering a fresh perspective to technology professionals keen on staying ahead of the curve. One of its most intriguing applications lies in the domain of appraisals. Understanding the Basics: What is Blockchain?

Technology 418

Technology Appraisal Valuation Supply Chain 418

Cleveland Appraisal Blog

NOVEMBER 11, 2021

I have written several articles demonstrating the inaccuracy of AVMs like Zillow’s Zestimates. ” The article went on to say that “Research has long shown these computer models are loaded with biases and flaws. This home has also been renovated in recent years. It seems that Zillow got zinged by their own Zestimates!

Market Value 364

Market Value Valuation Appraisal Real Estate 364

McKissock

JULY 11, 2021

Step up your professional development efforts. About the Author : Evelyn Long is the editor-in-chief of Renovated , an online resource for the real estate market. Clarity and communication are key to keep your company running smoothly. Here are some ways to create a successful succession plan: . Be proactive.

Real Estate 100

Real Estate Business Real Estate Agent Agents 100

Appraisal Buzz

SEPTEMBER 5, 2022

Communication took on many forms, including development of written documents stating client reporting requirements, utilizing technology platforms to increase transparency throughout the appraisal process, and developing feedback to the appraiser on appraisal submissions. Complexity in Process and Properties.

Appraisal 281

Appraisal Modernization Appraisal Process Technology 281

McKissock

DECEMBER 4, 2020

Developing an appraisal specialty is a great way to grow your business and stay competitive in the industry. Gentrification and renovations are rapidly increasing values. Last month we asked our appraisal community, “What new appraisal specialty or niche would you like to break into?”

Appraisal 66

Appraisal Property Appraisal Valuation Luxury Properties 66

The Robert Weiler Company

OCTOBER 21, 2022

If you’re reading this article, you will likely need a commercial real estate appraisal for property being sold, mortgaged, taxed, insured, or developed. For the purpose of this article, we’ll mostly stick to the word “appraisal.”. The data is then analyzed and used to develop opinions of value.

Real Estate 60

Real Estate Appraisal Property Appraisal Valuation 60

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. Lenders, what’s in it for you?

Appraisal Process 78

Appraisal Process Real Estate Appraisal Renovations 78

Houston Properties

JULY 21, 2022

This article covers two new Royden Oaks Houston map, direction, neighborhood and real estate guide. Similar to Houston’s most affluent neighborhoods, developers renovated many of Royden Oaks homes and replaced them with newer and larger properties. Royden Oaks Houston Neighborhood Maps.

Real Estate Agent 36

Real Estate Agent Real Estate Realtors Agents 36

Appraisal Today

NOVEMBER 3, 2023

By Claudia GaglioneIf these articles helped you understand Hybrids and PDCs and what they mean for you, it is worth the subscription price! Definitive numbers are difficult to come by since the Department of Housing and Urban Development (HUD) has failed to respond to public record requests on this question. Excellent case studies.

Appraisal 76

Appraisal Contracts Architecture Mortgage 76

Appraisal Today

DECEMBER 2, 2022

Built in 1961 (renovated in 2006 by architect Hal Hayes), 3 bedrooms, 2 baths, 2100 sq.ft. After graduation he worked for USAA in Real Estate Development. I have been writing these annual articles for many years. If this article helped you save money on your 2022 income taxes, it is worth the subscription price!

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Appraisal Agents Real Estate Real Estate Agent 80

Zillow

SEPTEMBER 24, 2016

Potential seller disclosures range from knowledge of leaky windows to work done without the benefit of a permit, to information about a major construction or development project nearby. Previous improvements, renovations or upgrades done by sellers are typical disclosures, as well as whether work was done with or without permits.

Real Estate 36

Real Estate Inspection Sellers Buyers 36

The Robert Weiler Company

MARCH 28, 2021

First, as a prospective investor interested in the mixed-use real estate development concept, you must understand the requirements of these unique community environments and the people inhabiting these structures. Mixed-use commercial property is either a building or a land development that includes both residential and commercial space.

Investors 158

Investors Tenants Real Estate Retail 158

The Robert Weiler Company

MARCH 9, 2021

Our article delves into these two approaches, exploring the twin poles of the debate. Likewise, in-house property management means you’ll likely develop (or have to develop) personal relationships with your tenants. Since 1938, The Robert Weiler Company has developed, improved, and managed commercial real estate.

Property Management 148

Property Management Tenants Property Taxes Business 148

Appraisal Today

FEBRUARY 17, 2023

To read more, click here My comments: This article applies the scientific method to making appraisal adjustments. It means always looking for the truth, being open to other ways of looking at problems, defining the problem, developing hypotheses, being objective, etc. The author studied business and economics in college.

Real Estate Agent 52

Real Estate Agent Real Estate Appraisal Agents 52