Simonson Real Estate

DECEMBER 6, 2022

In 2022, Simonson Appraisals completed a steady stream of financing assignments with planned new construction or significant proposed renovations. On several occasions, we were presented information about construction or renovation plans well after the initial assignment was started. Clarify What Value or Values are Needed.

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Cleveland Appraisal Blog

MAY 13, 2021

In the current market, those views may be light-years apart. People who are in the market to purchase a home, may have different motivations for doing so. And right now, many buyers are forced to bring cash to the table to make up the difference between what the home’s market value is determined to be, and the contract price.

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Housing Wire

AUGUST 3, 2023

Geoff Hinton, a professor at the University of Toronto, and two students, constructed a viable neural network. Job functions most likely to be impacted include sales, marketing and software engineering. Marketing will be enhanced with generative AI, resulting in effective content creation, enhanced use of data and efficient SEO.

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Cleveland Appraisal Blog

SEPTEMBER 30, 2022

However, enough information should be shared to help the reader begin to develop an idea of how the property being appraised fits into the overall market. This first section of the report discusses some of the positive and negative aspects of a neighborhood that may impact market value. Is there new construction in the area?

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The Robert Weiler Company

APRIL 12, 2023

Challenging Your New Commercial Property Value (and Tax Rate) with a Commercial Property Reassessment During the reassessment year, final property valuations are typically set by the late fall; however, many residential and commercial property owners will receive an initial tentative valuation in the mail.

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Property Appraisal Property Taxes Real Estate Valuation 148

Appraisal Today

APRIL 12, 2024

Retrospective appraisals, drive-by (exterior inspection) appraisals, and valuations from plans and specifications, are all valuation assignments where an appraiser develops an appraisal opinion without personally inspecting the property. North Carolina’s Most Expensive Listing – $50M Excerpts: 7 bedroom 7.5+

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Realvals

JUNE 18, 2023

In today’s dynamic market, there are many situations where you may need a real estate appraisal. An appraisal provides you with the clearest understanding of the value of your real estate. By providing an unbiased estimate of a property’s value, an appraisal ensures that you know the real value of your property.

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Appraisal Property Taxes Real Estate Market Value 145

Boston Appraisal

AUGUST 4, 2020

While there are other appraisal reporting methods, the URAR is the appraisal you will most likely receive when valuing any single-family residential property. The Three Valuation Sections of an Appraisal Report. There are three valuation sections of an appraisal report – the cost, sales comparison and income approaches to value.

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Appraisal Real Estate Valuation Market Value 148

Cleveland Appraisal Blog

SEPTEMBER 2, 2022

The appraiser will determine which of the values is most appropriate and reflective of demonstrating the market value of the property being appraised. Once this happens, the appraiser will explain which approach to value was given the most weight, or consideration, and why. I used the best market data that I could find.

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Development Appraisal Market Value Valuation 337

MN Real Estate Services

APRIL 20, 2017

Unlike most home appraisals, there are usually far fewer comprable (comps) properties with which to do an accurate valuation based on market activity. Appraisers use three approaches to value in Appraisal Practice when determining the Market Value of a property: The Sales Comparison Approach. The Cost Approach.

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Real Estate Appraisal Valuation Market Value 78

Town & Country Residential Appraisals

APRIL 10, 2023

Fannie Mae recently announced in their recent Selling Guide (SEL-2023-02) update that “as part of the valuation modernization” they are transitioning to a “range of options to establish a property’s market value”. This can’t have the possibility of ever going wrong. How could this go wrong?

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The Robert Weiler Company

OCTOBER 21, 2022

So, take a deep breath, read on, and be prepared to gain a deeper insight into this important topic of commercial real estate valuation. Note: A commercial property valuation is considered the equivalent of an appraisal, and the words are sometimes used interchangeably. You may need a commercial valuation for many reasons.

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D Fritz Appraisals

OCTOBER 11, 2022

There are many reasons you may need to know the value of your property and for this, you need a home appraisal. Home appraisers are trained to inspect and measure your property and perform comparisons that result in an accurate valuation for the current housing market. Valuation for insurance claims. Estate settlements.

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AmeriMac

APRIL 30, 2024

Understanding the basics of commercial appraisals, similar to those used in residential real estate, is crucial for navigating the commercial real estate market, as well as the importance of residential appraisals in the buying and selling of homes. What Exactly Is a Commercial Appraisal?

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Appraisal Appraisal Process Valuation Real Estate 36

The Robert Weiler Company

SEPTEMBER 16, 2021

The goal of a real estate valuation is to pinpoint the price and value of a property. Cost of construction and materials. The product of the real estate valuation – the commercial appraisal report – establishes the property’s value at a specific point in time. Floor plans. Neighborhood and location.

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Simonson Real Estate

OCTOBER 23, 2020

As the impact of COVID continues to unfold and the real estate market grapples with rapidly changing information and market conditions – commercial appraisers have had to quickly adapt to a new way of gathering reliable and credible data to base their appraisal analysis from. Regional Analysis is Relevant. What’s Hot & What’s Not.

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Appraisal Retail Tenants Real Estate 143

Boston Appraisal

AUGUST 4, 2020

While there are other appraisal reporting methods, the URAR is the appraisal you will most likely receive when valuing any single-family residential property. The Three Valuation Sections of an Appraisal Report There are three valuation sections of an appraisal report – the cost, sales comparison and income approaches to value.

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Appraisal Real Estate Valuation Market Value 78

Raleigh Realty

FEBRUARY 19, 2022

A home appraisal determines the fair market value of a home. They understand the specifics of the real estate market you're in and make decisions based on statistical data and visiting other nearby properties to make correct deductions. Does a Newly Constructed Home Need an Appraisal? What is a Home Appraisal?

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AmeriMac

APRIL 15, 2023

We will also discuss the various factors that impact commercial real estate valuations. Investors also use commercial real estate appraisals to determine the value of the property. These appraisals are considered equivalent to a property valuation and are used to determine the value of the property in the current market.

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Real Estate Appraisal Property Taxes Valuation 36

East Coast Appraisal

FEBRUARY 28, 2022

If you plan to refinance or sell your home, you should first determine its fair market value. Then, property appraisals are an opportunity for an appraiser to check your home's quality, condition, amenities, location, and other special features that affect its value. Any quality improvements increase the appraised value.

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McKissock

SEPTEMBER 10, 2020

This is especially true where there is a business component to be considered, as would be the case with senior living, hotel valuation, or hospitals. Within the appraisal industry, there is an ongoing discussion on identifying intangibles, ownership of intangibles, and the valuation of intangibles. Dated sales/changed market.

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Town & Country Residential Appraisals

SEPTEMBER 26, 2022

But did you know there are a number of other reasons you should be contracting an appraiser to perform a professional valuation on your property? My experience in completing appraisals for properties that have been sold without the professional expertise of a real estate professional is that the selling price is often lower than the value.

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Town & Country Residential Appraisals

JUNE 6, 2022

I’ve gone back through my files and found that since starting my business in 2009, I have performed over 6,200 valuations for all kinds of clients: lenders, lawyers, accountants, home owners, estates, real estate agents, etc. How many assignments have they performed in your market area? How long have they been appraising?

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Appraisal Today

SEPTEMBER 15, 2023

The 21 percent who cite other challenges are most likely to cite lack of business/slow market, rising interest rates, low fees, and to reiterate pressure from AMCs. The article includes lots of marketing tips, such as how to find the lenders, they want an accurate value and full disclosures, etc.

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Miller Samuel

MARCH 19, 2019

In the original 2014 proposal by the Fiscal Policy Institute, the first item in the proposal is off to a bad start as they describe what happened in the market: These owners bid up the price of NYC residential real estate, and since they don’t spend much time in these units, contribute little to the local economy compared to full-time residents.

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Will Springer Realtor

MARCH 7, 2023

Residential property is assessed each year at its full market value, which is defined as the amount a buyer, willing but not obligated to buy, would pay to a seller willing but not obligated to sell. For residential parcels, fair market value is generally determined by analyzing recent sales of comparable properties in the same area.

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Property Taxes Market Value Real Estate Government 36

Appraisal Today

FEBRUARY 9, 2024

also clarifies when appliances are required to be operational by stating, “Appliances that are to remain and that contribute to the market value opinion must be operational,” and, “The Appraiser must note all appliances that remain and contribute to the Market Value.” His law practice is dedicated to valuation issues.

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Appraisal Contracts Insurance Construction 80

Boston Appraisal

JUNE 24, 2019

Green buildings are defined as properties that use renewable energy and efficient building materials in their operation, construction, and design to create positive impacts on human and environmental health. Property owners are often surprised when the time comes to estimate the fair market value of their green building.

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Appraisal Today

APRIL 26, 2024

However, there are six other types of real estate transactions that you need to know about so you can specify these sale types in your appraisal report as they can affect the market value of the property. Therefore, the final price may not reflect the market value of the property. I have done a lot of estate appraisals.

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Appraisal Real Estate Real Estate Agent Contracts 76

Empire Appraisal Group

AUGUST 12, 2021

Many characteristics affect the appeal, marketability, and value of a property. Note: Floor plan functionality may affect marketability and value. From an appraiser’s perspective, however, areas excluded from the calculation may still contribute substantially to the appeal, marketability, and value of the property.

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Sellers Appraisal Development Buyers 78

Property Metrics

AUGUST 13, 2020

So, planning for 2% inflation each year would be a reasonable estimate in this market. Property owners, therefore, can set lease rates that allow for this 2% annual growth in overall market prices. Macroeconomic risk refers to how broad, national level economic activity impacts property cash flows and valuation.

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CP Home Appraisals

AUGUST 27, 2018

The bulk of the appraiser’s work is focused on market analysis to decide market value based on “assumed” condition of the house. ” Furthermore, having a home inspection report ready for your appraisal will help them accurately value the property without having to “guess” at the overall condition.

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D Fritz Appraisals

SEPTEMBER 19, 2019

A home or house appraisal is a third-party report written by a professional appraiser who visits the property and does market research to analyze how much the house is worth in today’s market. An appraisal report informs homeowners, home buyers, and mortgage lenders on the market value of the home. local markets.

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Home Value Appraisal Real Estate Agent Tools 78

AmeriMac

APRIL 30, 2023

A home appraisal is a professional valuation analysis of a property, which is usually conducted by a certified or licensed appraiser hired by the lender during the home purchase or refinancing process. They also take into account market factors and other relevant aspects that could affect the property’s value.

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AmeriMac

JANUARY 19, 2021

Highlight new and upgraded features, especially those adding value to your house. Constructing a basement. After all, listing your improvements is a proven way to market your home better. The appraisal itself is essentially your appraiser’s valuation opinion. It is a poor way to get market value.

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Empire Appraisal Group

FEBRUARY 9, 2023

One of those guidelines requires building departments to not issue building permits to homes in special flood zones when repair costs exceed 50% of a home’s market value until the property owners raise their homes so that flood waters are less likely to cause damage in the future.

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Genworth MI Blog

JUNE 27, 2019

This can include improper influence to inflate the appraised value, overlook repair items, misstate facts, ignore or conceal external influences, and misrepresent market conditions. Similar rules, laws, and regulations have been issued by state legislatures, secondary market entities, and banking regulators.

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