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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) recall that there are six site valuation methods with the most popular and easiest to use being the sales comparison method. Now, we all fondly (?!)

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Appraisal Quality Tip: Location matters — The key to choosing comparable properties

Clear Capital

Issue: Neighborhood sales do not bracket a salient feature Solution: Use comparables from both inside the subject’s immediate neighborhood as well as outside the neighborhood. This approach captures location and provides bracketing for features. Based on this no location adjustment is warranted.

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Tips for Making a Successful Transition to a New City After a Personal Low Point

Cleveland Appraisal Blog

– The Real Value Podcast with Blaine Feyen (Podcast) USPAP and Bracketing – What’s Correct? – George Dell’s Analogue Blog Hot graph summer & Airbnb doom – Sacramento Appraisal Blog Value Siphon or Value Creator?

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Why Agents Should Share Their CMA With The Appraiser

Birmingham Appraisal

The appraiser must make sure that they are providing an impartial valuation so that the market value shown in the appraisal is as accurate as possible. For the above reasons, it is very important for accurate valuations during the home-buying process. Are you a cross your fingers type of listing agent when it comes to appraisals?

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What is a "Comp?"

Town & Country Residential Appraisals

Imagine home valuation in this neighborhood. Every house identical… except for the ones next to the industrial site. As a VA Panel appraiser, we have access to something called “Tidewater” on VA orders. A recent sale.

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Why is an Appraiser Asking Me About an Old Comp?

Portland Appraisal Blog

Examples: Estate Tax : When a family member with property passes away an appraisal report with a valuation date as of the date of death is often needed. A home selling right next door to the subject is about as good as it gets when it comes to bracketing location and might merit inclusion in a report even if it did sell more than a year ago.

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Appraising Fixer Uppers

Appraisal Today

Appraisers sought to bracket the subject using three comparable sales. Our opinions are sought for work as varied as bankruptcy, estate, charitable contributions, pre-listing, before-and-after valuation, among other reasons. It is one environment where residential appraisers are still valued. Worth reading.