article thumbnail

Consider These Factors Before Buying Land In 2023

Cleveland Appraisal Blog

Photo by Markus Spiske on Pexels.com Buying land is a significant investment, and it requires the careful consideration of several factors before you proceed. Before buying land, consider the market trends and pricing in the area, and conduct a cost-benefit analysis to determine if the land’s value is worth the investment.

article thumbnail

Commercial Real Estate Appraisal and Valuation in the Time of Covid-19: What Is the New Normal?

Simonson Real Estate

Gary focuses on representing property owners in: (1) condemnation actions where either the government or a utility company takes private property for a public use through its power of eminent domain, (2) land use disputes with local governments typically involving zoning or permitting issues, and (3) property tax appeals.

Valuation 146
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Appraisals and Valuation Concerns in the Current Market

Simonson Real Estate

Gary focuses on representing property owners in: (1) condemnation actions where either the government or a utility company takes private property for a public use through its power of eminent domain, (2) land use disputes with local governments typically involving zoning or permitting issues, and (3) property tax appeals.

Valuation 130
article thumbnail

Why Buy Land for Sale in Ohio in 2022? (7 Reasons)

The Robert Weiler Company

Below, we explore why it’s a good idea to buy land in Ohio; the benefits of buying land to build a house or business; and we even detail some alternatives to buying real property… from your couch, if you’re not ready to buy land for sale! Is Buying Land a Good Investment in Ohio in 2022?

article thumbnail

What Is a Land Contract In Ohio? Full Guide [2021 Update]

The Robert Weiler Company

Essentially, a land contract is an alternative financing option if you’re investing in: Farmland or raw land. As such, some investors that purchase Ohio property for sale for the purpose of flipping consider offering a land contract for their real property. Tax advantages. What is a land contract in Ohio, really?

Contracts 143
article thumbnail

Reconsideration of Value and Appraisers

Appraisal Today

Standards Rule 1-5 in the Uniform Standards of Professional Appraisal Practice (USPAP) states that when appraising a real property, an appraiser must: (a) reconcile the quality and quantity of data available and analyzed within the approaches used; and. (b) So they are paying investment value, not market value.