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Cost Approach in Fifteen Minutes or Less

Appraisal Buzz

Appraisers use three different property valuation methods: (1) Sales Comparison relates the estimated value of our subject property to similar settled, active, and pending market sales. (2) 2) The Income Approach considers the present value of expected future cash flows. (3) Know what average home values are in your area. (2)

Valuation 370
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Appraising Fixer Uppers

Appraisal Today

Appraisers sought to bracket the subject using three comparable sales. Like the bedtime story of Goldilocks and Three Bears, appraisers sought to identify three sales like the porridge Goldilocks finds in the home of the three bears: one hot, one cold, and one just right. Worth reading.

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Houston Housing Market Forecast: Current Data & 2021 Predictions

Houston Properties

The data below covers the “average Houston home.” Get a free home valuation for your house and trends in your neighborhood. For certain parts of the economy, usually in the upper-income brackets, they didn’t carry a lot of debt and they couldn’t go out to spend their money. Remember: real estate is hyper-local!