Cleveland Appraisal Blog

AUGUST 20, 2021

If you’re not an appraiser, if you are trying to figure out the value of a home, chances are good that you use a price per square foot metric. That way of measuring the market can lead to an opinion of value that is in the ballpark of a home’s market value. Last year, I appraised a home for a homeowner.

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Cleveland Appraisal Blog

JANUARY 19, 2023

How about underimproved? The Appraisal of Real Estate, fifteenth edition on page 352, states that “…the relationship between land and improvements and the relationship between a property and its environment must be in balance for a property to achieve its optimum market value. What do these things indicate?

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Cleveland Appraisal Blog

DECEMBER 24, 2022

Are you planning on renovating your home? What to Expect When Undertaking These 4 Common Home Renovation Projects. When home improvement gives way to major renovations, the implications can be more impactful than you might realize. Read on for some pointers from Cleveland Appraisal Blog. Home Office Addition.

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Cleveland Appraisal Blog

OCTOBER 12, 2022

When appraising a property, I usually look to see if there is any information on Zillow about the property I am appraising. Not Understanding How Zillow Reports their Finished Square Footage Can Be Confusing. Because sometimes as appraisers, we miss comparable sales. They inquire as to why I didn’t use them.

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Cleveland Appraisal Blog

SEPTEMBER 3, 2021

In most parts of the country, real estate appraiser’s main source of data is the multiple listing service. MLS) We use it to find homes that are comparable to the ones we are valuing, to determine what buyers are paying for similar homes. There may be a very comparable home with similar square footage that sold recently.

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Cleveland Appraisal Blog

FEBRUARY 7, 2023

As a Home Measurement Specialist, this article is close to my heart! This week my regular guest blogger, Betty White from Moving Offices San Diego , offers some reasons why you should hire a professional to measure your home as well as to remodel it. One is putting your home on the market. story house.

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Cleveland Appraisal Blog

APRIL 21, 2022

It’s tax appeal season and I’ve had several homeowners say that they feel their neighbors are negatively impacting the value of their home for different reasons. Could being located next to a property that is an eye-sore cause a loss in market value to your home? Our home is where we hope to have a measure of peace and quiet.

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Cleveland Appraisal Blog

JUNE 17, 2022

What’s the difference between a newly constructed home and a hundred-year-old home? When developing an opinion of the market value of a property, what appraisers are really measuring is how much depreciation a property has suffered from, and more specifically how much depreciation the improvements on the land have depreciated.

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Cleveland Appraisal Blog

DECEMBER 10, 2022

As a certified residential appraiser, I can tell you that while some of the things noted in this report can decrease value, they may not, so take these points with a grain of salt. Betty is not an appraiser. Always keep in mind that your Ohio home is one of the biggest investments you’ll ever make. 1 Natural disasters.

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Cleveland Appraisal Blog

MARCH 19, 2022

If you’re planning on selling your home, you’re probably going to have open houses so that you can let buyers see for themselves the wonderful features of your home. How can you get the most impact from an open house? Your real estate agent is trying her best to get your home sold quickly and for the most money.

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Cleveland Appraisal Blog

FEBRUARY 24, 2022

Home businesses are becoming more common these days. This week, I welcome back guest blogger June Duncan, who wrote this article for the Cleveland Appraisal Blog. I hope you enjoy her great tips on moving and starting a home business! Finding the right home. How to keep your move smooth and low stress.

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Housing Wire

DECEMBER 14, 2021

The Federal Housing Finance Agency (FHFA) is the latest stakeholder to examine how racial bias may creep into property valuations. But when the FHFA hunted for examples of racial bias by keyword searching the free-form commentary section in millions of appraisal reports, it found thousands of references to race and ethnicity.

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Cleveland Appraisal Blog

MAY 12, 2022

In the meantime, I want to visit with you about an awesome software and service that is changing the way real estate professionals measure homes and provide floor plans. Then I began to see their videos as well as videos of fellow appraisers who have posted things about this service. Have you been to the Copacabana? Not a thing!

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Cleveland Appraisal Blog

AUGUST 20, 2021

If you’re not an appraiser, if you are trying to figure out the value of a home, chances are good that you use a price per square foot metric. That way of measuring the market can lead to an opinion of value that is in the ballpark of a home’s market value. Last year, I appraised a home for a homeowner.

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Appraisal Market Value Contracts Agents 263

Cleveland Appraisal Blog

OCTOBER 29, 2021

If you’re reading through an appraisal report, and you make it to the Cost Approach, which is where appraisers report either the reproduction or replacement cost of the home they are appraising, you will see a little field that says, “ Remaining Economic Life “ What does this number indicate?

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Appraisal Buzz

APRIL 13, 2022

BLOG VIEW: With rising rates and home prices consistently going up, homeownership may seem like a far stretch for some. This is quite a significant jump in a short amount of time – and may cause individuals under 45 to feel like homeownership is unattainable. However, educational resources and programs are.

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Cleveland Appraisal Blog

OCTOBER 14, 2021

How does yeast work? Here’s a little video to explain how. Speaking of things rising, home prices, as well as the prices of most other things, are rising rapidly. Recently, some of my well-intentioned clients have asked if it is possible to appraise a home, based upon a “normal market”.

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Cleveland Appraisal Blog

MAY 26, 2022

Does your home need to be jacked up? Occasionally, when performing appraisal inspections/observations, I see homes that suffer from serious settlement issues. I once appraised a home that had a noticeable tilt to it when walking through. After all, a tilting home is a quick way to lose one’s marbles !

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Cleveland Appraisal Blog

JULY 22, 2021

So, I am grateful to have guest blogger, Seth Murphy, who wrote this article for the Cleveland Appraisal Blog. 4 Home Repairs You Need to Hand Over to a Professional. DIY home repairs can be very rewarding – both when it comes to saving money and the sense of success you feel as you transform your home into a dream space.

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Cleveland Appraisal Blog

MARCH 4, 2021

Like most aspects of an appraisal, things seem easy. It seems logical to think that a newer home is more valuable than an older home. Last week, a real estate agent asked me about how appraisers adjust for age. Let’s think about a home that was just built and never lived in.

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Cleveland Appraisal Blog

OCTOBER 8, 2022

Compared to other places in the country, home prices here have remained manageable throughout the post-Covid real estate boom, with the median home price at around $260,000. Some options include: Visit museums like the Cleveland Museum of Art. I grew up in Denver, Colorado, and moved to Cleveland in 1996.

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Cleveland Appraisal Blog

MARCH 3, 2022

How many steps have you taken in your life? How many steps do most people take in a lifetime? How many of those steps are on stairs? When it comes to stairs, what types of things must appraisers consider? I’m sure that there are many factors that impact this. That will also depend on many factors.

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Cleveland Appraisal Blog

JUNE 2, 2022

Here, the Cleveland Appraisal Blog presents some great advice about finding the best house and considering other alternative arrangements. Another sign that your family member may need some help is if you visit and their home is in complete disarray. Finding a New Home. I always love her articles!

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Cleveland Appraisal Blog

JANUARY 7, 2021

For instance, the price per square foot of a smaller lot is generally higher than for a larger lot. The price per sq. Of course, if the salesman said that the second car, could be purchased for half-price, the buyer might be interested because they could resell the second car and make a profit. That is how value works.

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Cleveland Appraisal Blog

JUNE 7, 2022

This week I will be traveling to Columbus for the annual Ohio Coalition of Appraisal Professionals summer seminar. I’m looking forward to a little networking and catching up with my appraisal friends. This week, she tackles the topic of creating a home office on a budget. Hidy Ho friend! I hope you enjoy this article!

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Cleveland Appraisal Blog

JUNE 10, 2021

I don’t know if this is really true, but I do feel like this guy when I find an onion ring in my order of fries! That’s just how I am wired! More often than you might imagine, I receive orders from homeowners, whose homes I have appraised in the past. For instance, I may have appraised their home for a bank.

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Cleveland Appraisal Blog

APRIL 29, 2021

Welcome to Emily Miller , who wrote this piece for the Cleveland Appraisal Blog. Tips for Increasing Your Home’s Value Without Spending a Fortune. Buying a property is not just about creating a home, it is making a long-term investment. What Home Appraisers Look For. How many bedrooms?

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Cleveland Appraisal Blog

APRIL 10, 2022

As you might imagine, increases in home prices mean increases in property assessed values. I am grateful to have guest bloggers provide you with some great content until I can get myself back to blogging, which will be soon! Creating the Perfect Home Office in a Small Living Space. A home office really comes in handy.

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Cleveland Appraisal Blog

MAY 6, 2022

Essential Home Moving Tips for Seniors. Or, it could be that your fixed income tightened the purse strings, and living at home suddenly started feeling like a tall order. Packing up your suitcases and leaving your family home is never easy, regardless of age. Howdy friends! I hope that you’re doing well!

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Appraisal Buzz

JULY 26, 2021

The Urban Institute recently released a blog post entitled – Increasing Diversity in the Appraisal Profession Combined with Short-Term Solutions Can Help Address Valuation Bias for Homeowners of Color. The article accurately notes the lack of diversity in the appraisal profession. How to accomplish it is another issue.

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DW Slater Company

JANUARY 30, 2023

Well, 2022 started out with a bang as prices soared like a rocket. Some of the price declines are a part of seasonality but there is no question that this rapid increase in mortgage rates has caused price declines. In April, the majority of homes were selling over the list price.

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Housing Wire

FEBRUARY 12, 2024

In business for close to two decades, The CE Shop offers real estate exam prep, continuing education, and broker licensing courses, plus programs for prospective mortgage and appraisal professionals. When you buy through our links, we may earn a commission. The number of required course hours varies by state.

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Cleveland Appraisal Blog

APRIL 23, 2021

June reached out to me to see if I would be interested in having her write a piece for the Cleveland Appraisal Blog, on helping the elderly or disabled when they are in decline. I hope that you find this article to be helpful! Tough Decisions: How Caregivers Can Help Elderly or Disabled Loved Ones in Decline.

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Cleveland Appraisal Blog

SEPTEMBER 10, 2022

In this article, she offers some tips on how to transition a loved one to senior living. Without proper assistance, seniors who face these issues may experience a feeling of being lost, alone, and unsure of how they will handle each day. It will also allow seniors to make new friends and learn how to be more assertive.

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DW Slater Company

JUNE 16, 2022

When the officer asked me how fast I was going, I told him truthfully that I didn’t know. Home prices are still going up at a high rate. Prices are up 22% – 32 % from the same time last year. Homes are still selling in 5-6 days. The investors either resold the homes or rented them. It was great!

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Cleveland Appraisal Blog

FEBRUARY 11, 2022

Just like going cheap when buying running shoes can be costly, the same is true when it comes to hiring an appraiser. If you’re in need of an appraisal, I highly recommend not going with the cheapest appraiser. I was given the option to postpone my run for a couple of years. I was overdue for some new ones.

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Cleveland Appraisal Blog

FEBRUARY 4, 2021

Somehow, I feel like six more weeks of winter is a given. How accurate are weather predictions made by folks who try to base future weather patterns on whether this little critter sees his shadow? In the article, “How accurate is Punxsutawney Phil?”, Especially in Northeast Ohio. I know it’s just for fun. .

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