Development Information Market Value Real Property 
Cleveland Appraisal Blog
APRIL 11, 2023
With the massive amount of technology available to anyone who can access the internet, you might wonder why bother getting a real property appraisal? Slap a few sales in a report, and make a few guesstimate adjustments to come up with their opinion of a property’s value? That can have a big impact on market value.
Eppraisal
FEBRUARY 7, 2023
Owning raw land has real potential along with its share of pitfalls. Whether you decide to hold it and sell when real property values climb or -- alternatively -- develop the lot to convey at a higher price, you are subject to forces of market, timing and competition.
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Cleveland Appraisal Blog
MAY 26, 2023
(Assuming they made adjustments) Did you consider any relevant market trends or economic factors when determining the property’s value? Can you provide any additional information or documentation to support your appraisal? There are three approaches to value that an appraiser will consider.
Cleveland Appraisal Blog
APRIL 21, 2022
Could being located next to a property that is an eye-sore cause a loss in market value to your home? Part of our work as appraisers is to consider whether situations like this are influencing the market value of the home we are appraising. Of course, that’s not the same as market value.
Simonson Real Estate
JULY 10, 2020
An appraisal is an objective, impartial, and unbiased opinion about the value of real property prepared by a State Licensed or Certified professional appraiser. Appraisers assemble a series of facts, statistics, and other information regarding specific properties, analyze this data and develop opinions of value.
Cleveland Appraisal Blog
NOVEMBER 11, 2021
One big one is their Zestimate’s inaccuracy at predicting market value, and more specifically, they were relying on their own Zestimates to make important decisions like buying & selling homes. They are excellent at marketing. And to be honest, they do provide some useful information to the public.
Cleveland Appraisal Blog
SEPTEMBER 2, 2022
The Sales Comparison approach, as the name implies, compares the property being appraised to other properties that a potential buyer might consider as a substitute for buying the property being appraised. Even if I do not include my development of the Cost Approach in my report, I have it in my work file.
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