Cleveland Appraisal Blog

JUNE 17, 2022

When developing an opinion of the market value of a property, what appraisers are really measuring is how much depreciation a property has suffered from, and more specifically how much depreciation the improvements on the land have depreciated. You can also listen right here at Cleveland Appraisal Blog! Depreciation!

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Cleveland Appraisal Blog

DECEMBER 10, 2022

Therefore, when making any renovations to increase your home’s worth, always keep in mind that potential buyers may have very different tastes from you. Not only that this will help you boost the value of your home but it will also help you attract buyers and sell it quicker. After all, this is the Cleveland Appraisal Blog!

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Cleveland Appraisal Blog

JUNE 18, 2022

Becoming an expert appraisal witness in an eminent domain case starts with developing a comprehensive understanding of how value is determined in this special proceeding. While most states allow fair market value to be established using traditional appraisal approaches (e.g. – Birmingham Appraisal Blog.

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Birmingham Appraisal

MAY 21, 2024

This week I want to share with you the major value-related items every buyer should consider before making their purchase, ensuring you’re well-equipped with knowledge that’s both practical and insightful. Location and Neighborhood Dynamics The old saying “location, location, location” is still important in real estate.

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Cleveland Appraisal Blog

JUNE 25, 2021

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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The Robert Weiler Company

MAY 18, 2022

When selling commercial real estate, the favorite phrase, “A little bit goes a long way,” holds much truth. A study performed by the Florida Nursery Growers and Landscape Association found that something as simple as landscaping has the potential to increase the resale value of a property by 14 percent.

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Birmingham Appraisal

JUNE 11, 2024

When most people think about real estate appraisals, they often associate them solely with buying or refinancing a home. However, real estate appraisals serve many other essential purposes that extend far beyond these conventional uses. Marketing Appraisals: Setting the Right Price from the Start What is it?

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AmeriMac

MAY 24, 2023

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. What is a commercial real estate appraisal?

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The Robert Weiler Company

OCTOBER 21, 2022

Feeling a bit overwhelmed by the thought of a commercial real estate appraisal? The process can be daunting, especially if you’ve never engaged in an appraisal for commercial real estate before. Question 1: What is a commercial real estate appraisal? So, why do you need a commercial real estate appraisal?

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Cleveland Appraisal Blog

MARCH 4, 2021

Last week, a real estate agent asked me about how appraisers adjust for age. 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! – Real Estate Decoded.

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Appraisal Today

MAY 17, 2024

By McKissock As part of our monthly survey series, we asked our community of real estate appraisers, “What tool(s) do you use to support your appraisal adjustments?” In the context of real estate appraisers, it is essential for accurately valuing properties and providing credible appraisal reports.

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Cleveland Appraisal Blog

FEBRUARY 11, 2022

The appraiser agrees to come in “low” They achieve this by using sales that do not reflect the market value of the property. Does the market value of a home change differ depending on whether the owners are going through a divorce or refinancing their home? The market value is what it is.

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Appraisal Today

APRIL 26, 2024

What Does Arm’s Length Mean in Real Estate? The 7 Sale Types Explained Excerpts: An arm’s length sale – a sale in which the buyers and sellers act independently and in their own self-interest is the most common type of real estate transaction. Therefore, the final price may not reflect the market value of the property.

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AmeriMac

MAY 15, 2024

Appraisals play a significant role in determining the fair market value of a property and ensuring a successful relocation. In this blog, we will delve into the world of relocation appraisals and explore their importance in the relocation industry. Next, compile any records of recent home improvements or renovations.

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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. The Value of a Home Appraisal.

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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 addition, real estate appraisals must rid itself of the language and any practices that suggest bias in the appraisal process.

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McKissock

OCTOBER 12, 2021

For many different reasons, properties can come on the market in less-than-par condition. At some point it’s no longer “normal market value minus cost to cure equals as-is value.” In nine months of market exposure, in this very hot real estate market, there have been no offers.

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D Fritz Appraisals

MARCH 16, 2021

Whether you’re selling, refinancing, dividing assets, settling an estate, or determining capital gains on an income property , it pays dividends to be prepared for your home appraisal. The benchmark for your home’s worth, an appraisal is a legal document that determines the fair market value of a property.

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Birmingham Appraisal

AUGUST 30, 2023

A Look at Why Your Home May Not Appraise for The Expected Value When it comes to selling or refinancing your home, one of the crucial steps is the appraisal process. Appraisals determine the market value of your property, which affects your ability to secure a loan or make a profitable sale.

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AmeriMac

SEPTEMBER 30, 2023

Relocation appraisal is the process of evaluating a property’s value in the real estate market. It plays a crucial role in today’s real estate market, especially for employees and employers involved in workforce mobility. Market analysis is conducted to compare it with similar properties.

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AmeriMac

APRIL 15, 2024

A home appraisal is a professional estimate of a home’s value and plays a crucial role in determining the market value of the property. By mastering how to order a home appraisal quickly, you can ensure a smooth and efficient process in your real estate endeavors.

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Boston Appraisal

NOVEMBER 6, 2020

The home had been recently renovated and was in great condition. But what could be the cause of the lower than anticipated value? Reason #1: The Range of Value The primary reason appraisals differ is because, in reality, real estate appraisals are designed to provide a range of value rather than one set price.

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Birmingham Appraisal

AUGUST 23, 2022

Are you curious about the market value of your home? This is basically what real estate appraisers do. While my main audience for this post is homeowners, real estate agents can also use this method to see how a home they are listing might compare to the recent sales. If so then this post is for you.

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D Fritz Appraisals

SEPTEMBER 19, 2019

Online home value estimates, however, are not a substitute for a house appraisal carried out by a licensed real estate appraiser. Online home value estimators can sometimes come close to providing the right answers, but they will never completely beat out the accuracy of an on-site visit by a professional. local markets.

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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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Cleveland Appraisal Blog

NOVEMBER 11, 2021

Zestimate…Ten Properties ” and finally, “ iBuyers…The Pawn Shops of Real Estate “ Obviously, this topic is of interest to me, seeing is that value is my profession. However, I believe that they’ve put too much value in their “values” Valuation is not their expertise.

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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. These sales provide insight into actual market reactions. This is never an easy question.

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The Robert Weiler Company

SEPTEMBER 16, 2021

The question is, how exactly is property value determined? And how does the real estate appraisal process work? The following article delves into the “science” of residential and commercial real estate appraisal and discusses the steps to succeed. Understanding the Process for Appraising Commercial Real Estate.

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AmeriMac

APRIL 30, 2023

A home appraisal determines the value of your property, and it is an essential step in the selling process. Through this blog, we will guide you through the process of getting your house appraised in seven simple steps. The appraisal report is usually conducted by independent real estate appraisers , which ensures its impartiality.

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Cleveland Appraisal Blog

MARCH 30, 2021

So many visitors have stopped by over the years, that they renovated the area to make it more visitor friendly, with better parking and a nicer observation area. Within the past couple of weeks, I have appraised several properties for purchases, where my opinion of the market value of these homes was significantly below the contract price.

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Quicken Loans

MAY 18, 2021

If you’ve recently inherited a piece of real estate and aren’t sure what to do with it, your choice will come down to one of three options: move into the house, sell it or rent it out as another source of income. Consult a tax adviser to go over your options for determining fair market value. Capital Gains Taxes.

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Simonson Real Estate

JULY 10, 2020

While commercial appraisals are a central part of evaluating real estate, the appraisal process itself can be frustrating and confusing – primarily since each assessment depends on the scope and nature of the specific property. Value Scenarios. What is Market Value As Is and When is it Used? Note that U.S.

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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. In fast-paced markets, where values can change rapidly, more recent comps may be necessary.

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Berkshire Hathaway

AUGUST 30, 2022

Successful real estate negotiation begins by knowing what you are looking for exactly. Are you looking for a move-in ready rental property or are you willing to consider a home that requires renovations? Are you looking for a move-in ready rental property or are you willing to consider a home that requires renovations?

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The Robert Weiler Company

MARCH 15, 2021

But for commercial real estate developers, brokerage firms, and appraisers, there’s another story hiding in plain sight. Columbus’s efforts at special purpose real estate revitalization have taken decades to germinate. From a unique commercial real estate perspective, it’s more straightforward.

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The Robert Weiler Company

JULY 6, 2021

Real estate often falls into two categories: residential and commercial. Industrial real estate and industrial space for lease is a subcategory of commercial real estate. America’s intricate network of corporate capitalism is upheld by industrial real estate.

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Appraisal Today

FEBRUARY 16, 2024

Historical Properties and Their Unique Appraisal Approaches Excerpts: Appraising historical properties involves a complex interplay of factors, making it a specialized field within real estate valuation. Read on blog www.appraisaltoday.com/blog Posted by noon Friday. acres of coastal land. baths, 2,973 sq.ft.,

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