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Surprising Things That Can Decrease Property Value

Cleveland Appraisal Blog

DECEMBER 10, 2022

Therefore, when making any renovations to increase your home’s worth, always keep in mind that potential buyers may have very different tastes from you. Always remember that a home that can be easily adjusted to meet the needs of a wide variety of people will sell far faster than one that’s designed specifically for you.

Appraisal 303
Appraisal Buyers Renovations Investing 303
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Three Types of Commercial Real Estate Obsolescence

Property Metrics

MAY 28, 2021

The real estate term for this type of risk is “obsolescence” and there are three types that CRE investors should be aware of. Functional Obsolescence is the impairment of a real property’s functional capacity due to changes in market tastes and/or standards. Functional Obsolescence.

Real Estate 50
Real Estate Tenants Modernization Renovations 50
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