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Supporting Market Conditions Adjustments: A Comprehensive Guide for Appraisers

Appraisal Buzz

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%.

Appraisal 358
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Appraising Fixer Uppers

Appraisal Today

For many different reasons, properties can come on the market in less-than-par condition. The degree and cost to cure becomes an issue to buyers and sellers, and a challenge for appraisers. At some point it’s no longer “normal market value minus cost to cure equals as-is value.”