Bracketing Construction Market Value Marketing 
Birmingham Appraisal
MARCH 26, 2024
A Different Market I think we can all agree that the real estate market we are currently in, as of the writing of this post, is not the same one we were in from 2020 to 2022. The market dynamics have changed namely interest rates. They wanted to know if it was okay to use a new construction sale as a comp for an older home.
Birmingham Appraisal
MARCH 26, 2024
A Different Market I think we can all agree that the real estate market we are currently in, as of the writing of this post, is not the same one we were in from 2020 to 2022. The market dynamics have changed namely interest rates. They wanted to know if it was okay to use new construction sales in an appraisal of an older home.
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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. 1) School System – School systems are one of the most important considerations that most buyers look at no matter where your market is. These changes must be considered when looking at when the comp sold.
Clear Capital
DECEMBER 21, 2022
Due to emerging shifts in the mortgage loan market, there is a heightened sense of urgency to review the conventional loan appraisal guidelines. . By bracketing the salient features of the house in the appraisal report, appraisers sometimes overlook the proximity and location factors. But this is not always the case!
Appraisal Today
APRIL 14, 2023
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.” Appraisers sought to bracket the subject using three comparable sales. I gave up residential lender appraisals many years ago.
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