article thumbnail

Eleven Types of Risk in Commercial Real Estate

Property Metrics

Legislative or regulatory risk refers to any change in regulations or law that can impact real estate owners or tenants. Even if changes to laws and regulations do not directly impact real estate, they may indirectly impact property investment through financing or business cash flows. Legislative/Regulatory Risk. Location Risk.

article thumbnail

Gross Living Area Discrepancies with Public Data May Differ and How They Occur

Boston Appraisal

For example, public records may not reflect any renovations or additions that have been made to the property since the records were created. ANSI guidelines also provide standards for the design and construction of supplementary units installed in a single-family home, such as an in-law/accessory unit or finished attic spaces.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Gross Living Area Discrepancies with Public Data May Differ and How They Occur

Boston Appraisal

For example, public records may not reflect any renovations or additions that have been made to the property since the records were created. ANSI guidelines also provide standards for the design and construction of supplementary units installed in a single-family home, such as an in-law/accessory unit or finished attic spaces.

article thumbnail

10 Ways to Financially Benefit From Your Home

PennyMac

Once you've accumulated enough home equity, you can tap into it for various needs like home renovations, debt consolidation or other expenses. The amount borrowed may even be tax deductible if the funds are used to renovate your home.* Consolidate Debt Your home equity can help you take charge of your debt.

article thumbnail

Investors’ Guide to Mixed-Use Property for Sale: Understanding the Live-Work-Play Hybrid [2021]

The Robert Weiler Company

According to the National Community and Transportation Preference Survey by the National Association of REALTORS®, 53 percent of Americans prefer walkable communities. Zoning, which are the laws governing how land will be used, has created more opportunities for mixed-use properties. Mixed-use property for sale has morphed zoning laws.

Investors 158
article thumbnail

My Top 8 Search Criteria For Finding The Best Comps

Birmingham Appraisal

This is commonly known as the law of diminishing returns. Buyers are frequently drawn to specific neighborhoods for reasons such as safety, walkability, or access to public transportation. When all else is equal with a property, those that are larger will sell for more.

article thumbnail

Will Springer Realtor - Untitled Article

Will Springer Realtor

Census data suggest that more than 2M additional homes will reach their “prime remodel” years through 2027 – a time when homes tend to undergo their first major kitchen and bath renovations. such renovations to these homes (between 20 and 39 years old), with about 200,000 of those projects running north of $25K each.