Article Market Value Real Property Valuation 
Cleveland Appraisal Blog
MAY 26, 2023
In recent years, on several occasions, I have been hired to appraise a property after a valuation service was provided for my client by another real estate professional. They had hired the former real estate professional to value their property for the purpose of a divorce. Have a great weekend!
Cleveland Appraisal Blog
APRIL 11, 2023
With the massive amount of technology available to anyone who can access the internet, you might wonder why bother getting a real property appraisal? Slap a few sales in a report, and make a few guesstimate adjustments to come up with their opinion of a property’s value? That can have a big impact on market value.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Cleveland Appraisal Blog
JANUARY 19, 2023
Unless you’re in the property valuation profession, you may not have. 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.
Cleveland Appraisal Blog
SEPTEMBER 2, 2022
The appraiser will determine which of the values is most appropriate and reflective of demonstrating the market value of the property being appraised. Once this happens, the appraiser will explain which approach to value was given the most weight, or consideration, and why. That’s all I have for this week!
McKissock
AUGUST 13, 2021
For a typical “as-is” Market Value assignment with a straightforward contract with no contingencies or conditions, there is probably nothing that an appraiser actually needs to see. If a property appraises for $200,000 for a refinance, then it is still a $200,000 property for a sale transaction.
McKissock
SEPTEMBER 10, 2020
As a commercial appraisal reviewer , before you accept a review assignment of a special purpose property, you should become very knowledgeable in understanding the “business component” of these types of properties. Business components in special purpose properties are often referred to as “intangibles.” Second generation use.
Cleveland Appraisal Blog
NOVEMBER 11, 2021
I have written several articles demonstrating the inaccuracy of AVMs like Zillow’s Zestimates. One big one is their Zestimate’s inaccuracy at predicting market value, and more specifically, they were relying on their own Zestimates to make important decisions like buying & selling homes. There are several reasons.
Expert insights. Personalized for you.
302 
Let's personalize your content