Property Metrics

AUGUST 13, 2020

Legislative or regulatory risk refers to any change in regulations or law that can impact real estate owners or tenants. Even if changes to laws and regulations do not directly impact real estate, they may indirectly impact property investment through financing or business cash flows. Construction Risk. Location Risk.

Real Estate 53

Real Estate Tenants Investing Construction 53

Will Springer Realtor

OCTOBER 3, 2023

Many Washingtonians may be in for a surprise on the real estate front when new laws take effect county by county that will greatly expand the use of accessory dwelling units – or ADUs – on parcels of land once exclusive to single-family homes. Even our climate should benefit. For context, 43K homes were added in the state in 2021.)

Law 66

Law Design Construction Government 66

Patch of Land

JANUARY 22, 2020

Not to mention it’s the law! Renewal Construction: Where there is a bathroom there is water and if that water makes its way below tile flooring and showers, it can cause a lot of damage (and cost a lot of extra money)! Leo Lantz, Leo Lantz Construction: The project’s timelines to complete is grossly underestimated.

Construction 39

Construction Design Training Renovations 39

Housing Wire

MARCH 28, 2022

With different laws across regions, various types of properties (i.e. With that said, with tight margins of around 5% , time is short, meaning human value creation (renovations big or small) are usually foregone in favor of an algorithmically determined window dictating when to buy or flip.

Real Estate 371

Real Estate Marketing Insurance Buyers 371

Zillow

SEPTEMBER 24, 2016

Potential seller disclosures range from knowledge of leaky windows to work done without the benefit of a permit, to information about a major construction or development project nearby. Disclosure laws vary from state to state, even down to the city and county level. How does a seller make a disclosure?

Real Estate 36

Real Estate Inspection Sellers Buyers 36

The Robert Weiler Company

OCTOBER 21, 2022

Cost approach : Essentially, this technique equates the property value to the cost of constructing a replica. Replacement costs (a cost estimate to construct a building comparable to the building undergoing the appraisal, while using current prices, building standards, and materials). Recent comparable sales. Current market trends.

Real Estate 60

Real Estate Appraisal Property Appraisal Valuation 60

Housing Wire

APRIL 27, 2023

The lawsuit claims further that the company “ignored permitting laws to avoid fees and increased taxes as well as to get renovated homes on the rental market as soon as possible.” Invitation Homes (IH) spent about $25,000 on renovations per home for its California SFR portfolio, pleadings in the lawsuit state.

Renovations 288

Renovations Investing Real Estate Marketing 288

Boston Appraisal

FEBRUARY 2, 2023

Everything from the number of bedrooms to the quality of the construction. This is because construction rules frequently require at least a 7-foot ceiling height for spaces to be considered usable and livable. A small, independent living area constructed on the same property as a single-family home is referred to as an accessory unit.

Inspection 78

Inspection Law Real Estate Agent Appraisal 78

Boston Appraisal

FEBRUARY 2, 2023

Everything from the number of bedrooms to the quality of the construction. This is because construction rules frequently require at least a 7-foot ceiling height for spaces to be considered usable and livable. A small, independent living area constructed on the same property as a single-family home is referred to as an accessory unit.

Inspection 78

Inspection Law Real Estate Agent Appraisal 78

Realvals

JUNE 18, 2023

Estate Taxes In some cases, local laws may require appraisals for estate tax purposes. As an executor of an estate, your responsibility is to manage and distribute assets according to the deceased’s will or state law. Renovating a Home If you are planning to renovate your home, getting an appraisal beforehand is a smart move.

Appraisal 145

Appraisal Property Taxes Real Estate Market Value 145

Eppraisal

MARCH 11, 2021

Given the changes in state laws and municipal ordinances, keeping abreast of the rules governing accessory dwelling units is becoming a full-time job. Acton ADU -- A subsidiary of Acton Construction, Acton ADU serves the San Francisco Bay area of California. that are getting in on this growing trend.

Renovations 36

Renovations Design Construction Home Value 36

Raleigh Realty

JULY 12, 2022

As supply chain issues cause construction material prices to soar, buyers are more likely to consider purchasing a resale home vs. a new construction home. 4,840 new apartments were constructed in Raleigh throughout 2021. As construction material prices continue to rise, costs of new builds and renovations also increase.

Real Estate 78

Real Estate Supply Chain Construction Home Value 78

Birmingham Appraisal

NOVEMBER 14, 2023

This is commonly known as the law of diminishing returns. In some neighborhoods, older homes may be highly sought after, while in others, newer constructions may be more desirable. When all else is equal with a property, those that are larger will sell for more.

Market Value 85

Market Value Agents Appraisal Bracketing 85

The Robert Weiler Company

JULY 6, 2021

They have usually been constructed over 20 years ago and require renovation at this point. Within a particular area, zoning ordinances dictate which industrial activities can occur and what kinds of properties can be constructed or operated. Lower-than-average vacancy rates are also a trait of Class B Industrials.

Logistics 147

Logistics Tenants Real Estate Modernization 147

Appraisal Today

JULY 29, 2022

The three-year renovation was completed in 2019, including a new roof, windows, landscaping, and updated plumbing, HVAC, and electrical. It also fails to provide specific guidance and examples of what is prohibited by law. With four bedrooms and 4.5 bathrooms, she says the home was built “to blend in with the surroundings.”.

Real Estate Agent 52

Real Estate Agent Real Estate Appraisal Agents 52

Will Springer Realtor

MAY 9, 2023

Census data suggest that more than 2M additional homes will reach their “prime remodel” years through 2027 – a time when homes tend to undergo their first major kitchen and bath renovations. such renovations to these homes (between 20 and 39 years old), with about 200,000 of those projects running north of $25K each.

Real Estate 36

Real Estate Modernization Construction Supply Chain 36

Appraisal Buzz

SEPTEMBER 26, 2022

Building entire neighbors can encourage large-scale construction. Immigration policies can impact construction because the industry relies on them for labor. million migrant workers in construction. million migrant workers in construction. The construction of condominiums is at a record low.

Construction 195

Construction Supply Chain Buyers Retail 195

Housing Wire

JULY 20, 2022

Specifically, there is a high cost in constructing accessory dwelling units – or ADUs – which are secondary residences on a land parcel zoned for single-family housing. Homeowners constructing an ADU – whose total build costs run over $150,000, according to the report – use cash out refinances, home equity loans, and renovation loans.

Finance 373

Finance Legal Landlords Construction 373

Will Springer Realtor

AUGUST 11, 2023

Others are specializing in the design and construction of accessory dwelling units (ADUs) as detached backyard homes (also known as “ mother-in-laws ”). The national trend for new construction, however, is generally moving in the opposite direction. In the 1990s, one-third of new homes were smaller than 1800 sq.

Buyers 36

Buyers Development Construction New Listings 36

Will Springer Realtor

MAY 12, 2021

Now, home builders would need to construct as many as 1.2 This was the fastest pace for combined single-family and multi-family construction since June 2006. >> NAHB reported an estimated 15% of all new-construction home sales in the U.S. That’s 52% higher than 2018, when Freddie first began looking at housing shortages.

Real Estate 36

Real Estate Inventory Buyers Construction 36

Assurance Financial

APRIL 29, 2021

C to P (Construction to Permanent Loan). If you are building your home, you typically need to first take out a construction loan, not a traditional mortgage, to fund the cost of building the house. A construction loan is typically a short-term loan that only pays for the cost of building a house. DTI (Debt-to-Income).

Mortgage 74

Mortgage HOA Insurance Real Estate Agent 74

Housing Wire

MARCH 20, 2024

You’re investing more in building and renovating an affordable home than almost any other […] state in the country. million new housing units are under construction nationwide right now because of it. “Hundreds of first-time homebuyers [were] able to make a down payment. That’s how they work it out. A record 1.7

Realtors 404

Realtors Insurance Construction Landlords 404

Will Springer Realtor

JULY 9, 2021

In calling for rezoning laws to accommodate this concept, Gladney identified five keys that communities should keep in mind when designing their 15-minute neighborhood: Think in terms of mixed-use development, such as a blend of housing, commercial usage and small-scale manufacturing. THE ROI OF HOME RENOVATION.

Buyers 36

Buyers Development Transportation Inventory 36

Housing Wire

MARCH 31, 2021

Specifically, the plan calls for the construction and rehabilitation of over 500,000 homes in low- and middle-income areas. According to Biden, two million affordable homes and commercial buildings would be built and renovated over the next decade as part of the initiative.

Transportation 545

Transportation Construction Investing Law 545