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The Value of Words in Valuation

Appraisal Buzz

As a minimum basis, a real property appraisal report written for the government sponsored entities (GSEs) and agencies are what USPAP (Uniform Standards of Professional Appraisal Practice) refers to as Appraisal Reports. The word that is meaningful to the premise of this blog is summary. Summary, What Does it Mean? i] [link]. [ii]

Valuation 360
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The Difference Between Pricing a Property and Appraising It

Cleveland Appraisal Blog

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!

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Appraisals and Valuation Concerns in the Current Market

Simonson Real Estate

Over the past two months, I’ve participated as a panel moderator or speaker on several commercial real estate webinars and live events with Bisnow, Minnesota Real Estate Journal (MREJ) , NAIOP , and Minnesota Real Estate Exchangors (MREE). Josh Folland , Senior Managing Director, Valbridge Property Advisors.

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Commercial Real Estate Appraisal and Valuation in the Time of Covid-19: What Is the New Normal?

Simonson Real Estate

How has COVID-19 affected the appraisal process and the values of the various markets and submarkets of commercial real estate? for our Biznow webinar on “ Appraisals, Valuations and Taxes : How to Value Buildings Using Rapidly-Changing Information, ” as we discuss these issues and more. appeared first on Simonson Real Estate Blog.

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Was This Home Overimproved or Underimproved?

Cleveland Appraisal Blog

Have you heard of a property being overimproved, or super adequate? Unless you’re in the property valuation profession, you may not have. AN EXAMPLE Earlier in the year, I appraised a property that was originally built for buyers that do not require electricity. You can also listen right here at Cleveland Appraisal Blog!

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What Is a Reconciled Value?

Cleveland Appraisal Blog

Standards Rule 1-5 in the Uniform Standards of Professional Appraisal Practice (USPAP) states that when appraising a real property, an appraiser must : (a) reconcile the quality and quantity of data available and analyzed within the approaches used; and. (b) Let me give you a real-world example. – DW Slater Appraisal Blog.

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3 Things An Appraisal Should Tell You That You May Not Know

Cleveland Appraisal Blog

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? Isn’t that all that appraisers do?

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