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Pros and Cons of Selling Your Home As-Is

Cleveland Appraisal Blog

For some homeowners, extensive renovations can present a challenge in terms of time and finances, particularly if you plan to move out of your home soon. Going for an as-is home sale eliminates the need for a lengthy renovation process. Moreover, buyers sometimes prefer to renovate the home according to their taste.

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How Depreciation Works

Cleveland Appraisal Blog

What is the primary reason a newly built home has a higher market value than the same home that is older? Simply stated, it is loss in value. Physical depreciation is the most common cause of loss of value. Even if they are completely renovated, they are still not considered to be new. In a word, depreciation.

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What About Those Fixer-Uppers? Insights from a Seasoned Appraiser

McKissock

At some point it’s no longer “normal market value minus cost to cure equals as-is value.” So is the right price to pay $150,000 (market value after renovations) – $90,000 (estimated cost to cure) = $60,000? Where’s the incentive for the investor? ” Case in point. .”

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Appraisals for Commercial Real Estate Property are Critical.

AmeriMac

Commercial real estate appraisals are critical in determining the value of a property. In this blog, we will dive deep into what commercial real estate appraisals entail, why they are so important, who conducts them, and how much they cost. How accurate are commercial real estate appraisals?

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Anatomy of a Commercial Real Estate Appraisal: A Top 17 Q&A Guide

The Robert Weiler Company

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 5: Why are commercial property appraisals important?

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Selling Commercial Real Estate? 24 Practical Techniques to BOOST YOUR ROI on 5 Different Property Types

The Robert Weiler Company

In commercial real estate, return on investment (or ROI) is the amount an investor profits from a property sale after all expenses are deducted. The ROI is calculated by comparing the total cost of the investment (including the initial purchase price plus any other expenses) to its current value or sale price.

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Zillow Zinged

Cleveland Appraisal Blog

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. However, I believe that they’ve put too much value in their “values” Valuation is not their expertise.