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. – DW Slater Appraisal Blog.

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Development Appraisal Market Value Valuation 342

Cleveland Appraisal Blog

DECEMBER 19, 2021

Adding a small outbuilding is another construction project that is worth considering, especially if you have a larger yard. If you also keep your receipts and take before and after photos, you’ll have an easier time demonstrating the value of the work, making it easier to get top dollar when you sell. – Birmingham Appraisal Blog.

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Appraisal Home Improvement Design Modernization 195

Simonson Real Estate

JULY 10, 2020

New construction or planned renovations – Actual construction cost statements, plans, material specifications, etc. Value Scenarios. What is Market Value As Is and When is it Used? The estimate of the market value of real property in its current physical condition, use, and zoning as of the appraisal date.

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Appraisal Process Appraisal Market Value Tenants 148

DW Slater Company

FEBRUARY 23, 2023

There are multiple reasons that inventory is still low but two major reasons, are that building costs and supply chain issues keep new construction from building as much to meet demands and existing homes are not coming on the market. Closely studying our markets is very crucial in understanding current market value for appraisers.

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Inventory Marketing Supply Chain Appraisal 128

Housing Wire

AUGUST 3, 2023

Geoff Hinton, a professor at the University of Toronto, and two students, constructed a viable neural network. Combining the strengths of AI with the expertise and insights of real estate professionals could provide the best results in accurately assessing the market value of homes.”

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Real Estate Agent Real Estate Agents Tools 370

Cleveland Appraisal Blog

MARCH 4, 2021

There’s value in that. Subsequently, a new home typically has a higher market value than one that has already been lived in. You can also listen right here at Cleveland Appraisal Blog! The Best Part Of My Job As An Appraiser – Yolo Solano Appraisal Blog. – Sacramento Appraisal Blog.

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Appraisal Real Estate Real Estate Agent Loan Conditions 224

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. Clarify What Value or Values are Needed.

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Appraisal Process Real Estate Appraisal Renovations 78

Appraisal Today

APRIL 12, 2024

Home equity lines of credit (HELOCs): When homeowners apply for HELOCs, lenders may request desktop appraisals to ascertain the property’s value and determine the credit limit without requiring a full appraisal. Managing Investments: For investors who own multiple properties, desktop appraisals provide rapid updates on property values.

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Appraisal Construction Contracts Architecture 77

Appraiserblogs

OCTOBER 4, 2022

The possible exception to this are highly dense urban developments where the new construction homes are cookie cutters, and the builder sells. The post Remove Predominant Price from New Forms appeared on Appraisers Blogs. Properties, especially comparables, seldom, if ever, sell for the very same or extremely similar prices.

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Birmingham Appraisal

MAY 1, 2024

The scope of work includes the materials of construction as well as the changes that will be made to a house. Some of the key factors an appraiser considers when performing this type of appraisal include the functional utility of the home, the amount of heated and cooled square footage, and the materials and quality of construction.

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Renovations Appraisal Real Estate Agent Construction 82

DW Slater Company

NOVEMBER 30, 2022

Bringing up the housing market during Thanksgiving dinner – Sacramento Appraisal Blog. Market Value Definition Outdated? Land Scarcity, Zoning and Construction: Overcoming the Building Challenges Facing Municipalities Across the Country – David K. – Birmingham Appraisal Blog.

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Real Estate Housing Market Appraisal Marketing 95

DW Slater Company

JANUARY 29, 2022

New construction has boomed in our area as the number of new home builds was up 77% in 2021 and this is not expected to slow down in 2022. Here is a link to last months webinar with Timothy Anderson – Do Market Value and HABU Conflict? appeared first on DW Slater Company Blog. Sign up here.

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Real Estate Appraisal Market Value Construction 103

Town & Country Residential Appraisals

APRIL 10, 2023

Fannie Mae recently announced in their recent Selling Guide (SEL-2023-02) update that “as part of the valuation modernization” they are transitioning to a “range of options to establish a property’s market value”. You can read the full letter and blog post at [link] How could this go wrong?

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Birmingham Appraisal

MARCH 21, 2023

A Look at How Market Trends are used in the Real Estate Appraisal Process The real estate market is constantly changing, and market trends play a crucial role in helping an appraiser determine property values. In this blog post, we’ll explore the role of market trends when completing a real estate appraisal.

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Real Estate Appraisal Marketing Market Value 86

Appraisal Today

APRIL 26, 2024

However, there are six other types of real estate transactions that you need to know about so you can specify these sale types in your appraisal report as they can affect the market value of the property. Therefore, the final price may not reflect the market value of the property. Twitter: [link] posted by noon Friday 2.

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Appraisal Today

FEBRUARY 9, 2024

also clarifies when appliances are required to be operational by stating, “Appliances that are to remain and that contribute to the market value opinion must be operational,” and, “The Appraiser must note all appliances that remain and contribute to the Market Value.” FHA Handbook 4000.1 Nationwide, 31.8%

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Birmingham Appraisal

NOVEMBER 14, 2023

Agents and appraisers are not that different in their desire to determine an accurate market value for a property. Therefore, when searching for comps, agents should factor in the impact of the local school system on property values. Today I thought I would share the search criteria I use and the reasons for each of them.

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Premier Home Appraisal Blog

MARCH 13, 2023

A home appraisal is an unbiased estimate of the true (or fair market) value of what a home is worth. When it comes to separating marital assets, particularly real estate, for divorce proceedings, home appraisals are often necessary.

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Appraisal Law Real Estate Market Value 52

Raleigh Realty

FEBRUARY 19, 2022

A home appraisal determines the fair market value of a home. Of course, if you're in a hot market and believe the home is worth what you're offering, you could save yourself time and energy by skipping the appraisal process. Does a Newly Constructed Home Need an Appraisal? What is a Home Appraisal?

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Appraisal Process Appraisal Construction Sellers 139

Riverfront Appraisals

JANUARY 18, 2021

In this blog post, we’re starting with the end. Hey friends! Welcome to the very first post in our all-new series The Loan Officer’s Guide to Appraisals. Well – not really the end, but one of the last parts of some appraisals – namely the final inspection. We’ll briefly look at what a final inspection […].

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Final Inspection Inspection Appraisal Loan Officers 92

Premier Home Appraisal Blog

MARCH 13, 2023

An appraisal for divorce is an unbiased estimate of the accurate (or fair market) value of what a home is worth. Divorce home appraisals are often necessary when separating marital assets, particularly real estate, for divorce proceedings.

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Appraisal Appraisal Tips Law Real Estate 52

Simonson Real Estate

OCTOBER 23, 2020

The client should be clear that the assessment is performed at a point in time and that the market value opinion is – as of a specific date – the effective date. Since COVID, one key area that takes on heightened importance is our regional and local market analysis section’s current environment. Regional Analysis is Relevant.

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Appraisal Retail Tenants Real Estate 143

Appraisal Today

JANUARY 19, 2024

NOTE: Please scroll down to read the other topics in this long blog post on non-lender appraisals, and types of bias, Scams on black homes, unusual homes, mortgage origination stats, etc. In and of itself, it is not market value. Read on blog www.appraisaltoday.com/blog Posted by noon Friday. baths, 5,550 sq.ft.,

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Appraisal Contracts Real Estate Architecture 73

Genworth MI Blog

JUNE 27, 2019

Market Value: In a mortgage appraisal, the appraiser is most likely estimating the market value of the property. Market value has some key elements that we must understand. Never miss a post by subscribing to the Genworth MI Blog today! Sign me up!

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Appraisal Tips Appraisal Law Market Value 78

Genworth MI Blog

JUNE 27, 2019

Market Value: In a mortgage appraisal, the appraiser is most likely estimating the market value of the property. Market value has some key elements that we must understand. Never miss a post by subscribing to the Genworth MI Blog today! Sign me up!

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Appraisal Tips Appraisal Law Market Value 78

Appraisal Today

SEPTEMBER 15, 2023

At the same time, concrete finishes merge various construction techniques and artisan approaches that give the feeling of carved stones, whose volumes and shapes vary, but always integrated harmoniously in these habitable sculptures. Therefore, the final price may not reflect the market value of the property.

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Appraisal Real Estate Agent Contracts Real Estate 82

Padove Appraisal Service

JANUARY 14, 2018

Many people envision a list of improved items with predetermined relevancy, along with a specific dollar value assigned to each of those items. I will explain in this blog entry why that is not feasible, or reliable approach. When multiple, comparable sales are analyzed, market preference trends become apparent. it all counts!

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Home Improvement Appraisal Construction Renovations 78

McKissock

JANUARY 14, 2022

The negative impacts on the marketability of residential properties caused by odors from pet dander, feces, and urine can be significant factors in the price a buyer is willing to pay. four-year-old masonry house of well above average quality construction. Want to contribute to our blog? The post What’s that Smell Worth?

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Appraisal Tenants Inspection Market Value 77

The Robert Weiler Company

APRIL 12, 2023

There are three main approaches for commercial real estate appraisals: Cost approach: This technique equates the property value to the cost of constructing a replica. The cost approach also considers depreciation, thus, assuming a fair market value for the commercial property.

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Property Appraisal Property Taxes Real Estate Valuation 148

The Robert Weiler Company

OCTOBER 21, 2022

The commercial real estate appraiser’s role is to produce an accurate, reliable, and unbiased estimate of the market value of a property. Market value is the most likely selling price a knowledgeable buyer would pay to a knowledgeable seller. Question 6: What is the overall commercial real estate appraisal process?

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Real Estate Appraisal Property Appraisal Valuation 60

Appraisal Today

FEBRUARY 16, 2024

In my city of 78,000 population, there are over 10,000 buildings constructed prior to 1930, including many classic Victorians. the price of the Naples compound was justified not only because of the size, location, and yacht basin, but also because it would be difficult to construct such a property again. acres of coastal land.

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Appraisal Today

JANUARY 5, 2024

NOTE: Please scroll down to read the other topics in this long blog post on New CA bias classes, 2024 New Years resolutions, 2024 goals, unusual homes, mortgage origination stats, etc. Spend hours writing volumes of supporting documentation to justify the market value of a property you already decided on when you pulled into the driveway.

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Appraisal Contracts Legal Business 75

AmeriMac

APRIL 15, 2023

In this blog, we will cover what a commercial real estate appraisal is, how it differs from residential appraisals and the different types of commercial real estate appraisals. It is important to assess the value of your commercial property through a professional appraiser to make informed decisions on its future use.

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Real Estate Appraisal Property Taxes Valuation 36

Chicagoland Appraisal Blog

MAY 13, 2021

Like any other investment, you want to know its value with some reliable degree of accuracy. A home appraisal is an unbiased opinion of a home or property’s value. Real estate professionals or other appraisal experts can help you determine the market value of your home. Year of construction. Condition of landscape.

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Appraisal Renovations Home Value Real Estate 88

Will Springer Realtor

MARCH 7, 2023

Residential property is assessed each year at its full market value, which is defined as the amount a buyer, willing but not obligated to buy, would pay to a seller willing but not obligated to sell. For residential parcels, fair market value is generally determined by analyzing recent sales of comparable properties in the same area.

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Property Taxes Market Value Real Estate Government 36

Birmingham Appraisal

SEPTEMBER 15, 2022

Banks are typically absolved from discrepancies between the amount they lend and the true market value of the home meaning that they will not be held responsible to the buyer. The post New Homebuyer’s Guide To Appraisals appeared first on Birmingham Appraisal Blog. Appraisal vs Home Inspection.

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Appraisal Inspection Appraisal Process Real Estate Agent 93

The Robert Weiler Company

SEPTEMBER 16, 2021

Cost of construction and materials. Explanation of potential risks you may face or negative aspects that may impact the market value of the commercial property. The appraisal report for a residential property takes less time to produce and includes far less data than a commercial appraisal report. Floor plans. Don’t Be Seduced!”

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