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When & How do Appraiser’s Adjust for Age?

Cleveland Appraisal Blog

Last week, a real estate agent asked me about how appraisers adjust for age. Subsequently, a new home typically has a higher market value than one that has already been lived in. Birmingham Real Estate: 2019 vs 2020 – Birmingham Appraisal Blog. How much have prices risen since the bottom of the market?

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