Cleveland Appraisal Blog

MAY 26, 2023

The Sales Comparison Approach uses competing homes to develop an opinion of the market value of the property being appraised. The Income Approach uses potential income to develop an opinion of the market value of a property, when applicable. All three are market-based approaches.

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Cleveland Appraisal Blog

APRIL 11, 2023

With the massive amount of technology available to anyone who can access the internet, you might wonder why bother getting a real property appraisal? Slap a few sales in a report, and make a few guesstimate adjustments to come up with their opinion of a property’s value? That can have a big impact on market value.

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Town & Country Residential Appraisals

JULY 25, 2022

To find out more about the requirements for the state of Pennsylvania, click here: PA Real Estate Appraiser Requirements. In the past, I have trained multiple Appraiser Trainees who are successful independent Certified Appraisers today.

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Property Metrics

MAY 28, 2021

The real estate term for this type of risk is “obsolescence” and there are three types that CRE investors should be aware of. Functional Obsolescence is the impairment of a real property’s functional capacity due to changes in market tastes and/or standards. Functional Obsolescence.

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Boston Appraisal

JUNE 24, 2019

Although we can rejoice that the green building movement is becoming more mainstream, the question of whether or not this energy source and other green features add value to a property is still up in the air. Property owners are often surprised when the time comes to estimate the fair market value of their green building.

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Appraisal Today

APRIL 2, 2023

As we get closer to the implementation date, we’ll provide links to training opportunities, so check back often to make sure you’re on track. To read many practical tips, click here My comments: Worth reading.

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Appraisal Today

SEPTEMBER 9, 2022

The appraiser must now reconcile these three values into one final opinion of value. b) reconcile the applicability and relevance of the approaches, methods and techniques used to arrive at the value conclusion(s). So they are paying investment value, not market value. But not one at a time.

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