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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? Appraisers must understand why these changes are occurring and explain why in their reporting. Why is this important? Isn’t that all that appraisers do?

Appraisal 354
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My Interview with the Senior Marketing Manager at CubiCasa

Cleveland Appraisal Blog

The real estate market has been on a crazy ride for the past few years. Did I give up on blogging and podcasting? Anyhow, I’ve missed blogging and I’m sorry for being gone so long. I had already been using and loving this software, so for me, this was a no-brainer! Hello everyone! Did I go dark?

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Why Appraisers Don’t Depreciate Land

Cleveland Appraisal Blog

So, as populations continue to grow on earth, the land becomes more limited. Land may sell for more depending on location, demand, and usefulness. So, depreciation can be measured based on a specific life span. Because we measure the depreciation of the improvements that exist upon the land. Not the land itself.

Appraisal 279
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Was This Home Overimproved or Underimproved?

Cleveland Appraisal Blog

The Appraisal of Real Estate, fifteenth edition on page 352, states that “…the relationship between land and improvements and the relationship between a property and its environment must be in balance for a property to achieve its optimum market value. How about underimproved? What do these things indicate?

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Tough Decisions: How Caregivers Can Help Elderly or Disabled Loved Ones in Decline

Cleveland Appraisal Blog

Every now and then, I have a guest blogger that covers a topic that is not related to real estate. June reached out to me to see if I would be interested in having her write a piece for the Cleveland Appraisal Blog, on helping the elderly or disabled when they are in decline. I hope that you are doing good and hanging in there!

Appraisal 195
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AVM’s & Punxsutawney Phil’s Accuracy

Cleveland Appraisal Blog

By the way, why do groundhogs pop up in the middle of their hibernation to take a peak outside? “ So, I take this to mean they are performing “market research” on the possibility of finding a suitable mate. So, a little bit of advertising is taking place I think. Especially in Northeast Ohio.

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Housing Statistics for Beginners

Birmingham Appraisal

Mastering the Game: Why Housing Statistics Are Your Secret Weapon in Real Estate Hey there, fellow real estate pros! As someone knee-deep in residential real estate appraisal, I’ve got a nugget of wisdom to share: housing statistics are your not-so-secret weapon for leveling up in the real estate hustle.