Buyers Clients Market Value Real Property 
Appraisal Buzz
MARCH 25, 2024
It is the work of a therapist and their client to carefully untie those knots. Of course, this applies to the work of real estate appraisal as well. The transaction is a complex interplay between buyer and seller. The representative price of this hypothetical interaction (the product of the synthesis) is known as market value.
Cleveland Appraisal Blog
FEBRUARY 16, 2024
FINISHED SQUARE FOOTAGE On more than one occasion some who have read my appraisal reports felt that my opinion of value was too high. They felt that way because of sales they saw on Zillow that appeared to be comparable and sold for less than my opinion of the market value of the property I appraised.
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Cleveland Appraisal Blog
APRIL 21, 2022
It’s tax appeal season and I’ve had several homeowners say that they feel their neighbors are negatively impacting the value of their home for different reasons. The homeowners of one property stated that their neighbors are a nuisance. Of course, that’s not the same as market value. Is that the case?
Cleveland Appraisal Blog
APRIL 11, 2023
With the massive amount of technology available to anyone who can access the internet, you might wonder why bother getting a real property appraisal? Slap a few sales in a report, and make a few guesstimate adjustments to come up with their opinion of a property’s value? That can have a big impact on market value.
Cleveland Appraisal Blog
JANUARY 19, 2023
The Appraisal of Real Estate, fifteenth edition on page 352, states that “…the relationship between land and improvements and the relationship between a property and its environment must be in balance for a property to achieve its optimum market value. That is not always a simple task.
Cleveland Appraisal Blog
SEPTEMBER 2, 2022
The Sales Comparison approach, as the name implies, compares the property being appraised to other properties that a potential buyer might consider as a substitute for buying the property being appraised. Lenders are not value experts. Let me give you a real-world example. Appraisers are. AN EXAMPLE.
Empire Appraisal Group
JULY 1, 2021
Don’t tell the appraiser your client needs a certain value, for example. a residential real estate appraisal firm based in St. The appraiser has a scope of work for every lender client, which differs depending on the mortgage product, said Bradley. For example, you may have heard of “drive-by appraisals.”
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