Birmingham Appraisal
MAY 1, 2024
Appraisers are able to do what is referred to as a “ subject to appraisal ” by looking at the scope of work that owners may want to do. The scope of work includes the materials of construction as well as the changes that will be made to a house. Updates or Renovations?
Housing Wire
AUGUST 3, 2023
Geoff Hinton, a professor at the University of Toronto, and two students, constructed a viable neural network. Creating new content, whether in the form of text, photos, videos or computer code, is referred to as generative AI. The time frame between the early adopters and early majority is a critical gap referred to as the “chasm.”
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
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. Have a great weekend! I hope you enjoy it!
Padove Appraisal Service
JANUARY 14, 2018
Chronological age refers to the actual age of the dwelling. Effective age refers to how old the structure appears to be or “feels.” Updates refer to the physical condition of the home, while upgrades refer to the quality of construction materials used. Determination of chronological age is relatively easy.
Property Metrics
DECEMBER 18, 2020
For example, suppose that after the construction and lease-up of a project, the stabilized net operating income is $100,000 and the total project cost is $1,000,000. It is also common to see the going-in cap rate referred to as the yield on cost, development yield, return on cost, cost cap rate, or the “build-to” rate. Conclusion.
The Robert Weiler Company
APRIL 12, 2023
With recent headlines focused on politics, protests, and international disputes, Ohio commercial property owners may have overlooked or forgotten that a statewide property tax reassessment (also referred to as a reappraisal) is underway. Important characteristics may include location, size, condition, floor plan, and the surrounding area.
Property Metrics
AUGUST 13, 2020
Macroeconomic risk refers to how broad, national level economic activity impacts property cash flows and valuation. A liquid asset is one that can be sold immediately at market value. If an owner had to sell a piece of real estate by the end of the day, chances are that it would be for a price far below market value.
Expert insights. Personalized for you.
75 
Let's personalize your content