Appraisal Buzz

DECEMBER 9, 2024

Understanding these nuances is crucial for ensuring that time adjustments accurately reflect changing market conditions. To illustrate, Fannie Mae provides an example where the overall market value trend for a 12-month period increased by 7%. Read previous CoreLogic HPI reports here.

Appraisal 358

Appraisal Marketing Valuation Tools 358

Birmingham Appraisal

FEBRUARY 20, 2024

The appraiser must make sure that they are providing an impartial valuation so that the market value shown in the appraisal is as accurate as possible. Agents and appraisers should be choosing comparables based on the physical attributes of the property and bracketing different features of the property when possible.

Agents 92

Agents Appraisal Real Estate Agent Bracketing 92

Lamacchia Realty

AUGUST 3, 2021

Consider the Price Brackets. Along with comps and the Target Pricing Model, price brackets are a helpful tool to use when adjusting the price of your home. Simply put, lowering your price to the next bracket will expose your home to those people searching within that lower level. They are right.

Bracketing 67

Bracketing Sellers Buyers Inventory 67

Birmingham Appraisal

MARCH 26, 2024

Then, we put all this information together to come up with our professional opinion of the market value. The three approaches to value that are available for the appraiser to use are the cost approach, sales comparison approach, and income approach to value. appeared first on Birmingham Appraisal Blog.

Construction 86

Construction Appraisal Process Appraisal Bracketing 86

Lamacchia Realty

JUNE 21, 2022

Consider the Price Brackets. Along with comps and the Target Pricing Model, price brackets are a helpful tool to use when adjusting the price of your home. Simply put, lowering your price to the next bracket will expose your home to those people searching within that next price range. They are right.

Housing Market 60

Housing Market Bracketing Marketing Sellers 60

Birmingham Appraisal

NOVEMBER 14, 2023

Agents and appraisers are not that different in their desire to determine an accurate market value for a property. Therefore, when searching for comps, agents should factor in the impact of the local school system on property values. 3) Year Built – The year a home was built and its age can affect its value.

Market Value 92

Market Value Agents Appraisal Bracketing 92

Birmingham Appraisal

MARCH 26, 2024

Then, we put all this information together to come up with our professional opinion of the market value. The three approaches to value that are available for the appraiser to use are the cost approach, sales comparison approach, and income approach to value. appeared first on Birmingham Appraisal Blog.

Construction 77

Construction Appraisal Appraisal Process Bracketing 77