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Residential construction jobs now 7.6% above pre-COVID level

Housing Wire

Could renovated foreclosure resales help solve the nation’s increasingly complex affordable housing puzzle? An estimated 140,000 renovated properties purchased at foreclosure auction or bank-owned auction were resold to owner-occupant buyers between January 2020 and December 2021. Presented by: Auction.com.

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Understanding Appraisal Factors That Impact Home Sales: Insights for Real Estate Agents

Birmingham Appraisal

Location: The neighborhood, proximity to amenities, schools, transportation, and desirability of the area significantly impact a property’s value. Condition: The overall condition of a property, including its structural integrity, maintenance, and any necessary repairs or renovations, affects its appraisal value.

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The “Science” Behind Residential vs. Commercial Real Estate Appraisal

The Robert Weiler Company

Now consider the buyer of a residential property, typically an individual looking for a place to call home. The most critical factors for commercial property investors are not the same as the typical home buyer. Whatever form it takes, the ultimate purpose is to generate revenue and conduct business.

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Home Appraisals – What Do They Look For?

D Fritz Appraisals

Home appraisals are a vital part of the home buying process as they have a big influence on the amount a lending institution will loan the buyer. Renovation loan assessments. Whether a basement or attic are present and their state of finish. Mortgage financing and refinancing. Reviewing / appealing property tax assessment.

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Seattle’s Storied History With the Craftsman Home 

Will Springer Realtor

Though it went through extensive renovations in 2016, the home still stands today.). Craftsmans were popping up within walking distance of public transportation. The base price of Yoho’s specific Craftsman in Wallingford could cost buyers $1900 (roughly $60,000 in today’s money). My sincere thanks to Janet D.

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7 Top Tips for a Great Home Appraisal: A Checklist to Prepare Your Property

PennyMac

Once your appraiser compiles and analyzes all the information and data, they will present a final report of your home’s value. Home improvements and renovations. Check out expert tips for outdoor home renovations — you may find just the right improvement to increase your value! What Do Home Appraisers Look For?

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Decoding a Commercial Appraisal: Insider Insights

AmeriMac

A commercial appraisal serves as a basis for negotiations between buyers and sellers, as it provides an objective assessment of a property’s worth. For buyers, it helps in determining a fair price to offer, while sellers can use it to showcase the value of their property.