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. The cost approach is most relevant for new or like new construction.

Construction 79

Construction Appraisal Process Appraisal Bracketing 79

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. The cost approach is most relevant for new or like new construction.

Construction 71

Construction Appraisal Appraisal Process Bracketing 71

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.” Excerpt: The most coveted pieces of real estate are often found directly on the water. per month, $24.75

Appraisal 52

Appraisal Bracketing Contracts Valuation 52

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. 3) Year Built – The year a home was built and its age can affect its value.

Market Value 85

Market Value Agents Appraisal Bracketing 85

Clear Capital

DECEMBER 21, 2022

As an appraisal quality leader and former field appraiser, I know firsthand that working in the real estate appraisal industry can be a wild ride. Due to emerging shifts in the mortgage loan market, there is a heightened sense of urgency to review the conventional loan appraisal guidelines. . But this is not always the case!

Appraisal 69

Appraisal Bracketing Clients Market Value 69