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What Is Appraisal Review in Real Estate?

AmeriMac

JULY 25, 2022

The seller wants to max out the estimate based on the growing inflation and number of renovations made, while the buyer wants the best deal in the market even as home affordability worsens. This is why home appraisals are advised to ensure property costing is as fair as possible. What Is an Appraisal?

Real Estate 36
Real Estate Appraisal Valuation Clients 36
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What About Those Fixer-Uppers? Insights from a Seasoned Appraiser

McKissock

OCTOBER 12, 2021

I put on both my appraiser and remodeler hats, performed a detailed walk-thru, and priced out the cost to hire everything done, and the estimate is right at $90,000. So is the right price to pay $150,000 (market value after renovations) – $90,000 (estimated cost to cure) = $60,000? Who might buy it?

Appraisal 84
Appraisal Market Value Investors Buyers 84
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