Birmingham Appraisal
APRIL 11, 2023
3) Use bracketing when choosing comps- The technique of using sales that are larger and smaller than the home you are pricing is referred to as bracketing. Using the living area to describe this technique helps it to be more easily understood, however, bracketing can be used with other features of the home as well.
Clear Capital
MARCH 4, 2024
These tips are specifically designed with you in mind, to help minimize the number of revision requests you receive through a well-supported and credible appraisal report! This approach captures location and provides bracketing for features. Why is it important to choose sales that capture the subject’s immediate location?
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Raleigh Realty
APRIL 21, 2021
This location is a more affluent place with people in executive, professional, and management occupations with people living in the upper-middle-income bracket. It's a great place for younger families, while older families may make the occasional trip to the larger cities to find suitable entertainment that aligns more with the age bracket.
Genworth MI Blog
NOVEMBER 29, 2018
For this reason, an appraiser may elect to use some one-story comps when the subject is a two-story, or a mixture of housing designs. I refer to this approach as high-level bracketing. Case in point: If you are looking to buy a home in a rural market that has only 10 houses for sale, your choice is to buy on of the 10.
Genworth MI Blog
NOVEMBER 29, 2018
For this reason, an appraiser may elect to use some one-story comps when the subject is a two-story, or a mixture of housing designs. I refer to this approach as high-level bracketing. Case in point: If you are looking to buy a home in a rural market that has only 10 houses for sale, your choice is to buy on of the 10.
Appraisal Today
APRIL 14, 2023
Similar to homes with biophilic design, water and surrounding nature can make us happier and help our overall well-being by encouraging us to spend time outdoors. Appraisers sought to bracket the subject using three comparable sales. Browse the following resources designed to help you avoid common appraisal errors and violations.
Listing Spark
MARCH 18, 2024
6 Tools That Make Modern FSBOs Easier to Manage The internet is full of useful tools and services that are designed to support FSBO sales. Buyers in that pricing bracket will look at other properties that make more sense for the price, and your home will stagnate on the active market.
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