Was This Home Overimproved or Underimproved?
Cleveland Appraisal Blog
JANUARY 19, 2023
Have you heard of a property being overimproved, or super adequate? Unless you’re in the property valuation profession, you may not have. The Appraisal of Real Estate, the fifteenth edition indicated that these factors are going to determine which sales are most comparable. How about underimproved?
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