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Common Real Estate Appraisal Myths

East Coast Appraisal

Many home sellers shy away from property appraisal because they believe the process only caters to the buyer's needs. However, property appraisal benefits both the buyer and the seller. For the seller, a home appraisal ensures they price their property correctly. Home Appraisal Value Is the Same as Market Value.

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Commercial Real Estate Niches Booming in 2021

McKissock

Cap rates: To find this, you divide the NOI by the current market value. The figure helps you understand what the buyer will pay and what the seller will accept. Location and demographics: Your value will go up if you’re in a high-traffic area with good visibility. These can help you see your growth over time.

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Must-Read Tips to Appraise, Buy, and Sell Special Purpose Property [2021]

The Robert Weiler Company

For our sellers, our most common challenge is assessing a building’s value in the absence of comparable structures and data. And if there’s a bottom of the 9 th inning push to classify the building as “historic,” renovations and demolition may be additionally hampered, making the building less attractive to future buyers.

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