Housing Wire

AUGUST 3, 2023

AI models might not account for qualitative aspects like architectural uniqueness, interior design quality or the emotional appeal of a home. Combining the strengths of AI with the expertise and insights of real estate professionals could provide the best results in accurately assessing the market value of homes.”

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Eppraisal

OCTOBER 31, 2023

Comparable Properties (Comps) Listings with similar specs — lot size, square footage, number of bedrooms and bathrooms, floor plan, and architectural style — as your home sold within the past six months are excellent points of reference when pricing your house.

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Appraisal Today

SEPTEMBER 15, 2023

The architectural design avoids lines and straight angles to establish the idea of continuous fluidity. Properties sold due to a job relocation, estate settlement, foreclosure, or divorce may sell for less than market value. Therefore, the final price may not reflect the market value of the property.

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Appraisal Today

JULY 1, 2023

The architectural marvel, known as the Rotating Home, sits high on Mount Helix. Highest and Best Use vs. Market Value By Timothy Andersen, MAI Excerpts: There are numerous definitions of market value. It began with a summary of the definitions of highest and best use versus the definition of market value.

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Appraisal Today

JUNE 21, 2024

If the original owner makes this decision, they would have to pay a 20% penalty over the original value to redeem the land/house. Therefore, a neutral appraiser was needed to estimate its market value, so as to determine the price and penalty. ” (Leviticus 27:14-15, New King James Version of the Bible).

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AmeriMac

APRIL 18, 2021

An appraisal refers to an in-depth and precise evaluation of the current market value of your property. Boasting a Cloud architecture that is easily accessible through an online portal, ValueLink helps you lower costs, spike up efficiency and improve the overall appraisal process. Highly flexible and robust platform.

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AmeriMac

APRIL 18, 2021

An appraisal refers to an in-depth and precise evaluation of the current market value of your property. Boasting a Cloud architecture that is easily accessible through an online portal, ValueLink helps you lower costs, spike up efficiency and improve the overall appraisal process. Highly flexible and robust platform.

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Appraisal Today

MAY 31, 2024

Even though the home is now 90 years old, some of its architectural details are much older. Two appraisers may be working to develop an opinion of the market value of the same property. Let’s call the appraiser’s opinion of the property’s market value the cake. You couldn’t replace it now.”

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AmeriMac

APRIL 18, 2021

An appraisal refers to an in-depth and precise evaluation of the current market value of your property. Boasting a Cloud architecture that is easily accessible through an online portal, ValueLink helps you lower costs, spike up efficiency and improve the overall appraisal process. Highly flexible and robust platform.

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Appraisal Today

JANUARY 19, 2024

After a major interior makeover, the architecturally significant home is in Houston‘s upscale Piney Point Village neighborhood. That’s what makes midcentury architecture so appealing: It brings the outside in.” In and of itself, it is not market value. Glass-Walled, Midcentury Manse in Houston $3.1M baths, 5,550 sq.ft.,

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Appraisal Today

APRIL 12, 2024

Home equity lines of credit (HELOCs): When homeowners apply for HELOCs, lenders may request desktop appraisals to ascertain the property’s value and determine the credit limit without requiring a full appraisal. Managing Investments: For investors who own multiple properties, desktop appraisals provide rapid updates on property values.

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Appraisal Today

APRIL 2, 2023

Goofy Buildings: Revisiting the Heyday of California’s ‘Crazy’ Novelty Architecture – Giant hats, portly pigs, and drive-thru donuts. According to Cristina Carbone, a professor of art and architectural history at Bellarmine University in Louisville, Kentucky, the practice dates back to at least the Renaissance. Just For Fun!!

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Appraisal Today

FEBRUARY 16, 2024

The appraisal process begins with a thorough analysis of market data, focusing on sales of properties that share historical or antique characteristics. This comparative market analysis extends beyond standard parameters like size and location to include age, architectural style, and historical significance. baths, 2,973 sq.ft.,

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Rowe Appraisal Group

MAY 6, 2020

In our Chicago market (as well as many others), the larger homes tend to have higher-end finishes and therefore, higher construction costs. You wouldn’t want to compare a 4500 sq ft newly-constructed home to a basic 1950’s 1200 sq ft ranch or that ranch to a 2000 sq ft 1930’s English Tudor style home with architecturally significant details.

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Rowe Appraisal Group

MAY 6, 2020

In our Chicago market (as well as many others), the larger homes tend to have higher-end finishes and therefore, higher construction costs. You wouldn’t want to compare a 4500 sq ft newly-constructed home to a basic 1950’s 1200 sq ft ranch or that ranch to a 2000 sq ft 1930’s English Tudor style home with architecturally significant details.

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Appraisal Today

FEBRUARY 9, 2024

also clarifies when appliances are required to be operational by stating, “Appliances that are to remain and that contribute to the market value opinion must be operational,” and, “The Appraiser must note all appliances that remain and contribute to the Market Value.” FHA Handbook 4000.1 Acre lot, built 1929 2551 S.

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Appraisal Today

OCTOBER 7, 2022

If it had a market value of $345k, it would have listed at $345k!”. “Owning this house is a bit like being a celebrity in very weird, eclectic circles,” he said in a recent interview, noting how architecture students would regularly visit to study the home’s sculptural construction. To read more click here.

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Appraisal Today

OCTOBER 20, 2023

Acre lot Situated in the foothills of the Sierra Nevadas, Mountain House stands as a testament to an architectural brilliance and a profound connection with nature. The Unique Mountain House in Nevada City, CA listed for $3.3 million 3 bedrooms, 2 baths, 2,281 sq.ft, built in 2008, 21.23

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Appraisal Today

JANUARY 27, 2023

By Jamie Owen Excerpts: The Appraisal of Real Estate, fifteenth edition on page 352, states that “…the relationship between land and improvements and the relationship between a property and its environment must be in balance for a property to achieve its optimum market value. Good graphs on fees, turn time, and revision requests.

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Appraisal Today

APRIL 1, 2023

So, don’t say something open ended like: “the intended use is to provide a fair market value of the property.” A kindergarten shaped like a cat, a skyscraper shaped like an elephant, a hotel shaped like a crocodile — these are just a few of the forms that animal-shaped architecture has taken. ” 5.

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Will Springer Realtor

OCTOBER 11, 2022

The 11-story, triangular building is an architectural marvel, with seven floors added to the four that sat on 1 st Avenue South since 1903 and was home to Johnson Plumbing Supply Co. This includes an appraisal contingency to virtually guarantee the purchase is at market value. Absolutely! One of a kind ! List: $5.2M ($901/sq.

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D Fritz Appraisals

NOVEMBER 16, 2023

A home appraisal is a legal document that determines fair market value for a property. Complexity/detail of property – A home with intricate architecture or an unusual layout will take longer to appraise and will have fewer market comparables to refer to. What is an Appraisal, and Who Pays for it?

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Appraisal Today

JANUARY 5, 2024

Spend hours writing volumes of supporting documentation to justify the market value of a property you already decided on when you pulled into the driveway. baths An architectural masterpiece designed by World renowned architect Harry Gesner and a wonderful fusion of modern architectural style with Gothic castle.

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Appraisal Today

NOVEMBER 16, 2024

On more than one occasion some who have read my appraisal reports felt that my opinion of value was too high. They felt that way because of sales they saw on Zillow that appeared to be comparable and sold for less than my opinion of the market value of the property I appraised.

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