Appraisal Buzz

SEPTEMBER 5, 2022

While that number may seem high to some, in the context of lending and property complexities, that is a 54% improvement in performance cited earlier in this article. Appraisal Modernization. Appraisal modernization is at the forefront of discussions today. Progress in Revision Rates. Is there room for more improvement?

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Appraisal Buzz

APRIL 8, 2024

This article delves deep into how blockchain is set to revolutionize appraisals, offering a fresh perspective to technology professionals keen on staying ahead of the curve. One of its most intriguing applications lies in the domain of appraisals. Understanding the Basics: What is Blockchain?

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Technology Appraisal Valuation Supply Chain 418

McKissock

MARCH 20, 2022

When selling a home though, most real estate professionals will vouch that — as far as home improvements are concerned — kitchen renovations are worthy investments that will likely increase your resale value. ® , DIY expert and licensed contractor Beth Allen shares six common kitchen renovation ideas with the biggest investment return.

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Renovations Investing Modernization Real Estate 84

Housing Wire

OCTOBER 20, 2023

In this article, we’ll share ideas and tips, including the best way to present new listings and how to engage your followers with valuable educational content. Post decorating and renovation tips Since customization is commonplace among homeowners, posting decorating or renovation tips may be helpful to your audience.

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Eppraisal

NOVEMBER 5, 2024

As we head into 2025, several key trends are emerging that will impact home value and attract buyers seeking modern and desirable features. Sustainable Choices: Making Green Renovations a Smart Investment Homeowners are becoming increasingly environmentally conscious, and this trend is spilling over into home renovations.

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Home Value Renovations Modernization Buyers 36

Cleveland Appraisal Blog

FEBRUARY 4, 2021

In the article, “How accurate is Punxsutawney Phil?”, According to an article in ctpost.com , “Most of the year, male and female groundhogs are solitary and antagonistic against each other. I wrote two articles about this in the past, where I demonstrate this. I know it’s just for fun. .

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Advertising Valuation Appraisal Renovations 198

Zillow

MARCH 13, 2018

The easy part is knowing your goal for home remodeling - whether you’re trying to keep up with your growing family, add office space, modernize dated features or generally increase your home’s value. Something else to keep in mind: Contrary to popular belief, kitchen renovations offer among the lowest return on investment.

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Renovations Contracts Modernization Investing 50

DW Slater Company

FEBRUARY 24, 2022

Appraisal Modernization- Many in the industry are trying to move the appraisal industry to modernize with the use of technology and data gathering services. Many believe that the use of different data gathering tools and sources will help modernize the appraisal process. Why would the GSEs want this product?

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Inspection Tools Appraisal Technology 154

Cleveland Appraisal Blog

MARCH 4, 2021

So, while the cabinets may be in good shape, many homeowners will eventually replace the countertops, sink and appliances with a more modern look and improved functionality. Here are some links to other articles I’ve enjoyed recently! Of course, a ten-year old kitchen is going to have some wear and tear from use.

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Appraisal Real Estate Real Estate Agent Loan Conditions 224

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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McKissock

AUGUST 14, 2020

However, the appraiser would not want to rely on MLS data that is 10 years old for determining the property’s current condition, modernization, and quality for an appraisal with a current effective date. Illustration. The accuracy of some data may decay over time.

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Modernization Appraisal Renovations Real Estate 100

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.

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Renovations Inspection Transportation Modernization 51

McKissock

APRIL 27, 2021

However, the appraiser would not want to rely on MLS data that is 10 years old for determining the property’s current condition, modernization, and quality for an appraisal with a current effective date.

Appraisal 89

Appraisal Real Estate Agent Renovations Property Management 89

DW Slater Company

FEBRUARY 24, 2022

Appraisal Modernization- Many in the industry are trying to move the appraisal industry to modernize with the use of technology and data gathering services. Many believe that the use of different data gathering tools and sources will help modernize the appraisal process. Why would the GSEs want this product?

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Inspection Tools Appraisal Technology 78

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 Real Estate 52

Property Metrics

MAY 28, 2021

In other words, a property could become functionally obsolete when its design, style, amenities, or technology no longer meet the needs and/or expectations of modern tenants. Modern tenants require high speed internet connections, strong cellular reception, advanced security features, and modern audio/video capabilities.

Real Estate 50

Real Estate Tenants Modernization Renovations 50

McKissock

JANUARY 30, 2022

Many modern daily tasks depend on having a strong internet connection. Although these utilities aren’t always available in rural areas, they are generally considered necessary for living a normal, modern life in America. .

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Real Estate Real Estate Agent Marketing Modernization 74

Zillow

JANUARY 31, 2019

Some home buyers want new, modern and move-in ready. 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. Many towns throughout the U.S.

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Architecture Renovations Decorating Construction 36

McKissock

AUGUST 14, 2022

There is some light at the end of the tunnel as people look to renovate older buildings to repurpose as modern housing or bring back to their former glory. But renovations probably won’t be enough, especially in populous cities with high demand.

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Inventory Construction Real Estate Renovations 68

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

McKissock

DECEMBER 21, 2021

While pre-auction preparation of the home to showcase it to its maximum potential is still incredibly important, properties sell as-is, which means there are no long drawn out negotiations about the additional renovations, repairs or extras that need to be done before a sale can be finalized. Does your audience appreciate more modern decor?

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Marketing Decorating Training Buyers 86

Appraisal Today

MAY 17, 2024

NOTE: Please scroll down to read the other topics in this long blog post on Geographic Data and Comps, effect of renovation on value, very low foreclosures now, current real estate market, unusual homes, mortgage origination stats, etc. = = $99.5M I’m always looking for something new = What Impact Do Renovations Have on Appraisal Value?

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Tools Appraisal Renovations Design 67

Eppraisal

MARCH 15, 2024

Websites like Pinterest , Houzz , and DIY Network offer a plethora of inspiration, from budget-friendly renovation ideas to step-by-step tutorials. Homeowners can browse through countless photos, articles, and how-to guides to kickstart their DIY endeavors. One such example is Young House Love.

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Home Value Home Improvement Renovations Design 36

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

McKissock

OCTOBER 12, 2021

Because the house is in a registered historic neighborhood, returning it to the character of its age is warranted rather than modernizing, which would add to the project cost. So is the right price to pay $150,000 (market value after renovations) – $90,000 (estimated cost to cure) = $60,000? Who might buy it?

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Appraisal Market Value Investors Buyers 84

Eppraisal

NOVEMBER 19, 2024

As sustainability becomes a focal point in home design and renovation, homeowners are increasingly investing in green upgrades. This article explores the top green home upgrades to consider this year. These enhancements not only benefit the environment but also offer financial savings and improve property value.

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Investing Technology Renovations Modernization 36

Eppraisal

JANUARY 13, 2022

Changing or adding hardware on your cabinets can make all the difference in making an out-of-date kitchen look and feel more modern. Renovate your tired-looking backsplash with a modern backsplash. Use a semigloss paint to paint your cabinets with a trendy, yet timeless, color. 2) Replace or add a backsplash. of your investment.

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Modernization Home Value Renovations Design 36

Appraisal Today

SEPTEMBER 29, 2023

NOTE: Please scroll down to read the other topics in this long blog post on non-lender appraisals, VA, flood and fires no insurance, retirement, few lender appraisals, unusual homes, mortgage origination $22M Modern Mansion on 130 Acres in Napa Has Its Own Cabernet Vineyard Excerpts: 6 bedrooms, 6.5+ bath, 13,872 square feet, 3.25

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Insurance Appraisal Contracts Mortgage 83

Appraisal Today

APRIL 5, 2024

To read more, Click Here My comments: The article also discusses bias. Upon arrival, you’re greeted by a lavish motor court leading to timeless modern architecture. In my free newsletter, I typically don’t include links to very adverse blog posts and articles. Public record updates at its own pace.

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Appraisal Contracts Business Construction 81

Appraisal Today

SEPTEMBER 27, 2024

To read the details on all 8 factors, Click Here My comments: Excellent article. To read the full article with lots of tips, plus 2+ years of previous issues, subscribe to the paid Appraisal Today at www.appraisaltoday.com/order. To read more, Click Here My Comments: Read this article. THIS ARTICLE CAN HELP!

Property Appraisal 75

Property Appraisal Appraisal Training Contracts 75

Appraisal Today

JULY 12, 2024

I have always been a professional appraiser since I started in 1975, trained at an assessor’s office to do what is in this article. Charles kitchen cabinets have been preserved and restored, blending seamlessly with luxurious modern updates like fine wool carpeting in the bedrooms and sophisticated new kitchen and bathroom fixtures.

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Appraisal Design Contracts Business 71

Housing Wire

FEBRUARY 5, 2025

Related articles How to become a luxury real estate agent 2. Related article 9 savvy strategies to get more real estate referrals 11. An in-depth knowledge of home renovation and a keen eye to spot diamonds in the rough. Agents who succeed in this niche counsel buyers on the renovations that offer the best return on investment.

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Real Estate Real Estate Agent Architecture Clients 261

Appraisal Today

APRIL 26, 2024

The One-Mile Rule: Prudent Policy or Modern Day Redlining? In a recent discussion within the comments section of an article titled ‘The Censorship of Appraisers’ (By Jeremy Bagott, MAI), an appraiser shared a concerning statement from an underwriter about an adjustment made by Fannie Mae’s Collateral Underwriter tool. . built in 2000.

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Appraisal Real Estate Real Estate Agent Contracts 80

Will Springer Realtor

APRIL 23, 2024

. “When a home is enrolled in the HERS rating system, it delivers indisputable measured value as compared to the average new build,” says Jason Boyer, whose firm recently developed Karma , a modern community in Phoenix. Before goods arrive at the home, consumers are now examining their origin and how items are produced.

Land Management 36

Land Management Construction Development Design 36

Appraisal Today

JULY 7, 2023

To read more, click here My comments: Long article and worth reading. Despite the home’s age, it isn’t a money pit or desperate for a renovation. Everything has been fully modernized. Types of Non-Lender work – many more articles are available! Discusses many issues and lawsuits. Smartphone apps make it easy.

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Appraisal Real Estate Contracts Mortgage 80

Listing Spark

AUGUST 17, 2023

Later in this article, we’ll explore some potential approaches in more detail. Also, if you handle your own repairs as a general contractor or work with a small team, you can simply schedule repairs and renovations so everything falls into an orderly timeline. Related: Should You Get a Real Estate License to Flip Homes in Texas?

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Investors Investing Buyers Real Estate 36

Appraisal Today

MAY 26, 2023

NOTE: Please scroll down to read the other topics in this long blog post on appraisal “modernization”, bias hearing, bad appraiser, USPAP, unusual homes, mortgage origination stats, etc. == Appraiser pleads guilty in $1.3B A three-year renovation, ending in 2009, converted the upper floors into the 7,000-square-foot penthouse.

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Easement Contracts Appraisal Inspection 52