Construction Market Value Reference 
Housing Wire
OCTOBER 24, 2024
That homeowner over the years has referred 10 refinancing opportunities to Sandoval. The sharks are circling now,” she said, referring to the predatory pre-foreclosure players who may try to buy at a lowball price or offer the homeowner a too-good-to-be true solution that leaves them worse off. “As
Appraisal Buzz
MAY 24, 2021
This tactic uses the land’s price, plus the construction fees and minus depreciation. Reproduction refers to how much a replica would cost to build. Essentially, you calculate each unit’s fair market rent based on other rentals located in the neighborhood. There are two ways to calculate the cost approach.
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Miller Samuel
MARCH 19, 2019
A large swath of high-end condo market activity of the past five years are non-primary residences which include pieds-a-terres but most are investor purchases that are subsequently rented after the unit closes when construction was completed. That article came out in 2014 right as the housing market was peaking.
Housing Wire
AUGUST 3, 2023
Geoff Hinton, a professor at the University of Toronto, and two students, constructed a viable neural network. Creating new content, whether in the form of text, photos, videos or computer code, is referred to as generative AI. The time frame between the early adopters and early majority is a critical gap referred to as the “chasm.”
Cleveland Appraisal Blog
SEPTEMBER 2, 2022
The appraiser will determine which of the values is most appropriate and reflective of demonstrating the market value of the property being appraised. Once this happens, the appraiser will explain which approach to value was given the most weight, or consideration, and why. Have a great weekend! I hope you enjoy it!
Simonson Real Estate
DECEMBER 6, 2022
In 2022, Simonson Appraisals completed a steady stream of financing assignments with planned new construction or significant proposed renovations. On several occasions, we were presented information about construction or renovation plans well after the initial assignment was started. Clarify What Value or Values are Needed.
Padove Appraisal Service
JANUARY 14, 2018
Chronological age refers to the actual age of the dwelling. Effective age refers to how old the structure appears to be or “feels.” Updates refer to the physical condition of the home, while upgrades refer to the quality of construction materials used. Determination of chronological age is relatively easy.
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