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Was This Home Overimproved or Underimproved?

Cleveland Appraisal Blog

” Clearly, when valuing a property, appraisers must consider what the typical buyer expects a home to offer in terms of amenities and characteristics. AN EXAMPLE Earlier in the year, I appraised a property that was originally built for buyers that do not require electricity. That is not always a simple task.

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Pickleball is keeping folks moving in Ohio… Cleveland housing prices are also on the move!

Cleveland Appraisal Blog

Let’s get do what’s happening with housing stats in Northeast Ohio. GETTING TRENDY (Cuyahoga County Housing Trends) The housing market in Northeast Ohio has remained strong despite the relatively higher mortgage interest rates and affordability issues. Inventory levels are increasing in this market area.

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2022 Appraisal Outlook: Appraisers Cast Optimistic Eye On Coming Year

McKissock

The 2022 real estate appraisal term of the year will be “standardization”—of data specifications and measurement standards. Desktop appraisals, with information provided by third-party hirelings, may increase. Housing market trends for 2022. Major unknowns in the coming year.