When & How do Appraiser’s Adjust for Age?
Cleveland Appraisal Blog
MARCH 4, 2021
For instance, a thirty-year old home may have an effective age that is the same as a fifty-year old home, if the fifty-year old home has been renovated to a degree that is comparable to the younger home. If this is the case, while there is a relatively wide age gap, no age or condition adjustment may be supportable.
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