Cleveland Appraisal Blog

MAY 17, 2024

How to Create a Home Office Designing a home office begins with selecting the ideal location, steering clear of spaces like the bedroom or living room to maintain a healthy work-life balance. Flooring updates and modern landscaping can upgrade the home’s aesthetics, increasing its overall value.

Renovations 323

Renovations Appraisal Logistics Decorating 323

Appraisal Buzz

OCTOBER 10, 2022

I have weathered seasons marred by valuation professionals whose malfeasance adversely impacted the economy and society. The future of the valuation profession is not certain to me. Technological advances suggest we need to move toward automated valuation models that churn data through automated algorithms to produce valuations.

Valuation 74

Valuation Tools Development Technology 74

Property Metrics

MAY 28, 2021

Functional Obsolescence is the impairment of a real property’s functional capacity due to changes in market tastes and/or standards. In other words, a property could become functionally obsolete when its design, style, amenities, or technology no longer meet the needs and/or expectations of modern tenants.

Real Estate 50

Real Estate Tenants Modernization Renovations 50