Cleveland Appraisal Blog

MARCH 30, 2021

According to the park manager Pete Houghton, who was mentioned in an article, “Where the Ducks Walk on the Fish” , this attraction draws over 300,000 visitors a year. So many visitors have stopped by over the years, that they renovated the area to make it more visitor friendly, with better parking and a nicer observation area.

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Housing Market Marketing Reconsideration of Value Appraisal 368

Cleveland Appraisal Blog

JUNE 17, 2022

What’s the difference between a newly constructed home and a hundred-year-old home? Hopefully, you found this article to be interesting. Here are some links to other articles I’ve enjoyed recently! For my readers in the CLE area… here are some articles related to news in our local area. Depreciation!

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Appraisal Development Market Value Tenants 283

Housing Wire

FEBRUARY 8, 2024

With extensive experience in new construction home sales, Janet is certified in luxury home sales and specializes in relocation and new construction builder sales. Growing up in Savannah, Georgia, as the daughter of a builder and developer, she learned the processes involved in new home construction from her dad.

Real Estate Agent 435

Real Estate Agent Real Estate Agents Clients 435

Cleveland Appraisal Blog

APRIL 29, 2021

So, I am grateful for guest bloggers who provide me with some great articles to share with you. The materials used in the construction and decoration of your home are also extremely important because they determine how structurally sound your property is, how it’s going to last over time, and how much maintenance it’s going to require.

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Appraisal Investing Renovations Buyers 251

Appraisal Buzz

SEPTEMBER 5, 2022

Whether you are an appraiser, tax assessor, sales agent, attorney, construction manager, architect or engineer, you are required to have a level of professional expertise, at the local level, that exceeds the average person that does not practice in the area of real estate. Progress in Revision Rates. Is there room for more improvement?

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Appraisal Modernization Appraisal Process Technology 281

Appraisal Partners Blog

JANUARY 20, 2025

This article will break down the complexities of the appraisal process, providing you with the essential knowledge to navigate this critical aspect of real estate transactions with confidence. Upgrades and renovations particularly to kitchens and bathrooms can significantly enhance value. They will be aware of any deficiencies.

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Appraisal Inspection Valuation Appraisal Process 78

Simonson Real Estate

DECEMBER 6, 2022

In 2022, Simonson Appraisals completed a steady stream of financing assignments with planned new construction or significant proposed renovations. On several occasions, we were presented information about construction or renovation plans well after the initial assignment was started. Lenders, what’s in it for you?

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Appraisal Process Real Estate Appraisal Renovations 78

Appraisal Buzz

SEPTEMBER 20, 2024

Sherri Eckles, SVP Renovation & Construction, TPO Go “In addition to her full-time job, Sherri Eckles volunteers with numerous organizations, all focused on affordable housing. Maheen is a key contributor to thought leadership articles, blogs, videos, and in-person speaking.

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Training Development Clients Renovations 221

Cleveland Appraisal Blog

MARCH 4, 2021

For instance, a thirty-year old home may have an effective age that is the same as a fifty-year old home, if the fifty-year old home has been renovated to a degree that is comparable to the younger home. Here are some links to other articles I’ve enjoyed recently! Click here to visit their website. I hope you will also… .

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Appraisal Real Estate Real Estate Agent Loan Conditions 224

DW Slater Company

FEBRUARY 24, 2022

Dave Towne, Certified Residential Real Estate Appraiser; owner of Appraiser Education Service, recently wrote an article published in Working RE that discusses some of the differences between the Full, Desktop, and Hybrids as well as questions around them. Tools for Desktops/Hybrids. Ineligible Transactions.

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Inspection Tools Appraisal Technology 154

Appraisal Today

NOVEMBER 1, 2024

A homeowner may have invested heavily in a kitchen renovation, but it is the appraiser’s responsibility to carefully consider factors such as conformity, local market preferences, and house style and price range when valuing the subject property. To read more, Click Here My comments: This is the best analysis I have read on kitchens.

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Appraisal Training Contracts Mortgage 86

The Robert Weiler Company

SEPTEMBER 16, 2021

The following article delves into the “science” of residential and commercial real estate appraisal and discusses the steps to succeed. Cost of construction and materials. The question is, how exactly is property value determined? And how does the real estate appraisal process work? Floor plans. Neighborhood and location.

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Real Estate Appraisal Property Appraisal Valuation 147

Zillow

JUNE 10, 2019

A home renovation can be yet another big and stressful project, what with all the decisions to make and contractors to deal with. Any renovation, no matter how small, should be designed with care. Find out which home renovations DIYers most regretted tackling themselves. Quiz: Should You Renovate Your Home or Sell?

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Renovations Home Improvement Design Buyers 36

Simonson Real Estate

SEPTEMBER 16, 2021

New construction or planned renovations – Actual construction cost statements, plans, material specifications, etc. If you would like to learn more about navigating the appraisal process checkout these articles: Valuation – How Much is My Property Really Worth? Navigating the Appraisal Process – What You Need to Know.

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Appraisal Appraisal Process Real Property Real Estate 78

McKissock

FEBRUARY 16, 2021

To examine the feasibility of renovating, expanding or repositioning an existing building. Copies or outlines of any leasing that has been obtained pre-construction. Estimate of when the construction project is to begin and end. The primary reasons are: To aid the acquisition of an existing building. A set of building plans.

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Appraisal Tenants Construction Renovations 96

McKissock

AUGUST 23, 2022

Renovation and Remodeling Appraisal Considerations. When appraising proposed modifications, remodels, or renovations to a residential property, appraisers must decide the feasibility of the modification, if it adds any contributory value, if it extends the remaining economic life, or possibly improves the property’s marketability.

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Appraisal Renovations Property Appraisal Landlords 76

McKissock

AUGUST 14, 2022

Need for New Construction. Those who can wait for construction may find the idea of building their own home the way they want quite attractive. Construction Workforce Concerns. Unfortunately, there is also a lack of workers in the construction industry. However, construction companies still need to make profits.

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Inventory Construction Real Estate Renovations 68

McKissock

JANUARY 31, 2023

” “When to use new construction or remodeled construction as a comparable.” Educate yourselves on construction details and styles of homes. ” CE course: Residential Property Measurement and ANSI Z765 How renovations and upgrades affect value “Adjustments before and after remodeling.”

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Real Estate Agent Real Estate Agents Appraisal 97

Lamacchia Realty

DECEMBER 29, 2022

We hope this article will help you figure out the answer to the question above. . In short, contractors and construction workers need to work. And then you can just have it ready when the construction crew arrives in winter. . And this rule doesn’t skip the remodeling and construction industry.

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HOA Construction Government Renovations 73

Property Metrics

APRIL 7, 2022

In this article we’ll take a closer look at the yield on cost in real estate. The development spread tells you how much additional return you are earning in exchange for taking on all of the risk of construction and development. The yield on cost is a commonly used metric when evaluating real estate development and value-add projects.

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Renovations Development Real Estate Tenants 41

Houston Properties

MAY 6, 2020

Sell My Houston House: Top 20 Home Renovations That Raise The Value Of Your Home. This article analyzed 815,494 listings (including those that didn’t sell) and outlined the top 9 Houston home selling mistakes, from low-quality photos to listing errors and more. " – Colleen, Google Review.

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Renovations Realtors Sellers Valuation 66

The Robert Weiler Company

MAY 18, 2022

All expenses associated with the commercial property should be included, such as repairs and renovations, commercial real estate loans and interest rates, and costs associated with selling commercial real estate (e.g., Any construction, upkeep or upgrades, and structural enhancements should have receipts and before and after photos.

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Real Estate Tenants Retail Investing 148

Raleigh Realty

DECEMBER 23, 2021

Glassdoor ranked the city of Raleigh, NC as the 1 Best City for Jobs in 2015 The Raleigh airport, also known as Raleigh Durham International Airport (RDU) has seen some major renovations in recent years as well as new airlines bringing new flight paths in and out of the Raleigh area.

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Real Estate Agent Realtors Real Estate Agents 148

McKissock

NOVEMBER 24, 2022

Renovation and Remodeling Appraisal Considerations When appraising proposed modifications, remodels, or renovations to a residential property, appraisers must decide the feasibility of the modification, if it adds any contributory value, if it extends the remaining economic life, or possibly improves the property’s marketability.

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Appraisal Renovations Architecture Property Appraisal 52

Zillow

JANUARY 31, 2019

Others prefer older homes, with character and charm they can't find in new construction. As a result, renovating and altering a historic home - particularly the building’s facade - will require a separate layer of approval and sometimes bureaucracy. As a result, renovations and planning can take longer and cost more.

Architecture 36

Architecture Renovations Decorating Construction 36

Appraisal Today

APRIL 5, 2024

To read more, Click Here My comments: The article also discusses bias. In my free newsletter, I typically don’t include links to very adverse blog posts and articles. Regional Variability: The disparities in home sales and construction activity across different regions underscore the importance of localized market knowledge.

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Appraisal Contracts Business Construction 81

Lamacchia Realty

JULY 2, 2024

This article provides a comprehensive guide to the best roofing options for Florida homeowners, focusing on durability, cost, and maintenance to ensure your home is well-protected. Consider Relocation When Renovation Relocating to a new home might be necessary, especially when dealing with the intricacies of a major renovation of your home.

Renovations 51

Renovations Inspection Transportation Modernization 51

Appraisal Today

FEBRUARY 16, 2024

This article provides an insight into the appraisal process of historical properties, emphasizing the role of market data, potential buyers, specialized databases, appraisal methods, and the significant impact of preservation restrictions. This is one of the best short articles on residential to commercial. I strongly recommend it.

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Appraisal Contracts Training Architecture 84

Patch of Land

SEPTEMBER 12, 2018

See what Robert has to say on why real estate investors are starting to look at new construction as an alternative to renovating properties. Below is an excerpt from the piece, but read the complete article in Forbes.com! . " With a tightening housing supply, and increased demand, what are investors to do?

Investors 35

Investors Renovations Real Estate Construction 35

Property Metrics

AUGUST 13, 2020

In this article, we’ll look at eleven types of risk in commercial real estate investment. . Construction Risk. Any time a property undergoes construction, there is an additional source of risk to the property owner. Construction risk applies whether there is a new development or a significant renovation.

Real Estate 53

Real Estate Tenants Investing Construction 53

DW Slater Company

FEBRUARY 24, 2022

Dave Towne, Certified Residential Real Estate Appraiser; owner of Appraiser Education Service, recently wrote an article published in Working RE that discusses some of the differences between the Full, Desktop, and Hybrids as well as questions around them. . Tools for Desktops/Hybrids. Ineligible Transactions.

Inspection 78

Inspection Tools Appraisal Technology 78

The Robert Weiler Company

MARCH 15, 2021

Cost approach : This practice compares the special purpose property appraisal value to the cost of constructing a replica structure, while also including depreciation. Well, let’s examine each of these common appraisal calculations and discover how they might be applied to special purpose real estate. Such an approach isn’t controversy-free.

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Appraisal Property Appraisal Real Estate Buyers 158

Raleigh Realty

AUGUST 19, 2022

67 percent of millennial home buyers would put an offer on a home in need of a full or partial renovation. Millennials are drawn to videography and are far more likely to watch a video of an agent giving a home tour than read an article about a home or rifling through photos. Mobile phone use reigns supreme.

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Real Estate Agent Real Estate Agents Buyers 78

Will Springer Realtor

MARCH 12, 2024

The government issued its latest consumer price index update on March 12, as this article was published. Because new home construction hasn’t kept up. Until we construct hundreds of thousands more homes across the country, we will be known as a home renovation nation. As more people join the U.S. What does this mean?

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Buyers Construction Sellers Inventory 58

Housing Wire

FEBRUARY 5, 2025

Related articles How to become a luxury real estate agent 2. New developments and construction New developments often prefer to have one real estate agent represent every home in that community. Speak with construction companies working closely with developers to form relationships and get in on the ground floor with these communities.

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Real Estate Real Estate Agent Architecture Clients 312

Property Metrics

MAY 28, 2021

” If there is curable functional obsolescence, it means that the property could be renovated or upgraded in a cost efficient manner to bring the property up to modern standards. If it exists, it is up to the property owner/investor to assess the cost of repair/renovation versus the benefits that they will receive from it.

Real Estate 50

Real Estate Tenants Modernization Renovations 50

McKissock

DECEMBER 4, 2020

Gentrification and renovations are rapidly increasing values. ” “It appears that green home features are becoming more common in remodeling and new construction assignments.” Experience as a contract review appraiser quickly revealed when appraisal research was lacking. Green home appraisal (16%).

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Appraisal Property Appraisal Valuation Luxury Properties 66