Article Home Value Market Value 
Cleveland Appraisal Blog
AUGUST 6, 2021
Do you know of anyone who purchased a home within the past year? Below is a chart from the National Association of REALTORS article on home buyer regret. It reflects the results of a survey made by bankrate.com , which reflects the percentage of those who regret their home purchase, and the reasons why.
Appraiserblogs
FEBRUARY 28, 2023
NPR topped the online edition of its article with the headline, “Black and Latino Homeowners are About Twice as Likely as Whites To Get Low Appraisals.” He submitted a pseudoscientific article to a cultural studies journal called Social Text. The problem? Freddie never called the appraisals “low.”
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Cleveland Appraisal Blog
MAY 26, 2023
They had to pay twice to have their property valued. Because in both instances, they first had their homes valued by real estate agents, not appraisers. The Sales Comparison Approach uses competing homes to develop an opinion of the market value of the property being appraised. That’s right!
Cleveland Appraisal Blog
JUNE 25, 2021
What is the primary reason a newly built home has a higher market value than the same home that is older? Simply stated, it is loss in value. There are three basic causes of depreciation for homes. Obsolescence can cause a loss in home value. That’s a topic for another article.
Cleveland Appraisal Blog
OCTOBER 14, 2021
Perhaps they were drinking the Kool-Aid that some are drinking today, that market value is whatever the purchase price is. Don’t drink the Kool-Aid that any contract price is reflective of market value. To “think outside of the box” when valuing a property. I kid you not! Housing Bubble-Icious.
Eppraisal
NOVEMBER 19, 2024
These enhancements not only benefit the environment but also offer financial savings and improve property value. In 2024, several green home upgrades stand out as particularly impactful for those looking to enhance their homes while promoting eco-friendliness.
Appraisal Today
AUGUST 30, 2024
This misconception is not only misleading but also fundamentally flawed when examined against the definition of market value as outlined by the Federal National Mortgage Association (FNMA). Again, I ask, does contract price equal market value? Two recent articles highlight the ongoing debate about appraisal accuracy.
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