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The Impact of Location on Property Appraisals

Appraisal Hub

When someone wants to find out how much a property is worth through property appraisal, one of the factors that most influences price is its location. What is a Property Appraisal? A property appraisal is when experts, called appraisers, come to your property and figure out how much it’s worth.

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Was This Home Overimproved or Underimproved?

Cleveland Appraisal Blog

For example, a residential property with a one-car garage in a market that expects similar homes to have a two-car garage (known as an underimprovement) or too many expensive amenities for its location (known as an overimprovement or superadequacy) is out of balance.” That is not always a simple task.

Appraisal 288
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Property Appraisal Insights: 4 Community Features that Matter

Appraisal Hub

Understanding the true value of your property can make all the difference when it’s time to sell, buy, or invest. A property appraisal gives you the insights needed to make informed and profitable decisions. This guide will explore the key aspects of property appraisals and help you navigate the process effectively.

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Property Appraisal Insights: 4 Community Features that Matter

D Fritz Appraisals

Hospitals, civic infrastructure, and public transportation are just a few development types that could be in the works and should be considered when determining current and future property values. Fritz , we can help you research which properties have the most potential to increase in value over time. How’s Your View?

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The “Science” Behind Residential vs. Commercial Real Estate Appraisal

The Robert Weiler Company

And how does the real estate appraisal process work? The following article delves into the “science” of residential and commercial real estate appraisal and discusses the steps to succeed. Residential vs. Commercial Property Appraisal and Their Differing Review Process. The primary concern is a place to live.

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An Overview of Two Common Property Appraisal Methods

East Coast Appraisal

Accurate home appraisals benefit both property buyers and sellers. Appraisals help buyers to get mortgage approval and avoid overpaying for their houses. Below are two common approaches to property appraisals. The comparable properties should be as similar as possible to the one appraised.

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A Simple Guide to Understanding Different Types of Commercial Appraisals

Boston Appraisal

If you’re involved in the commercial real estate world—whether as a buyer, seller, lender, or agent—you’ve likely heard the term “commercial appraisal.” And did you know that there are different types of appraisals tailored to different property types and situations?