Remove Design Remove Market Value Remove Transportation
article thumbnail

All the ways the wildfires could make LA housing more expensive

Housing Wire

The sight of beautiful houses in Los Angeles transports you to an idyllic version of the city found in classic Hollywood movies. But the harsh realities of its pricy housing market more resemble the citys dark underbelly reflected in a David Lynch LA noir film. But homeowners do have a few options for relief.

article thumbnail

The Proposed NYC "Pied-A-Terre Tax" Looks Catastrophic to NYC Real Estate

Miller Samuel

Andrew Cuomo's office suggested last week that such a levy might reap $9 billion for the moribund Metropolitan Transportation Authority over the next decade and Assembly Speaker Carl Heastie reiterated his chamber's support proposal at a Crain's breakfast forum days later. Mayor Bill de Blasio gave it his blessing as well.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Demystifying the Residential Appraisal: What Homeowners Need to Know

Appraisal Partners Blog

Whether you’re buying, selling, or refinancing, an appraisal plays a vital role in determining the true market value of a property. Final Value Conclusion: The appraiser will provide a conclusion as to the fair market value of the property. The appraisal report will justify which approach was used.

article thumbnail

An Overview of Two Common Property Appraisal Methods

East Coast Appraisal

Location factors, such as transport networks, crime rates, and employment opportunities affect housing prices. The appraisal will consider the market value of the land. Land value depends on: The location. For example, lots in major urban centers tend to have higher values than those in rural locations.

article thumbnail

Why Relocation Appraisals Are Essential for a Seamless Move

AmeriMac

Relocation appraisals play a vital role in the relocation industry by determining a property’s fair market value. Appraisers can guess the sales price pretty accurately by looking at how much similar properties are selling for and what the current market looks like. That’s where relocation appraisals come in.

article thumbnail

Florida Homeowners: What to Expect When You Live in a Tourist Hotspot

Lamacchia Realty

Plus, that can significantly help to declutter by providing a designated space to store seasonal items, sports equipment, or seldom-used possessions, freeing up valuable living space and reducing household clutter. In addition, the influence of local community features on property values can’t be overstated.

article thumbnail

Lower Interest Rates, But Still No Offers? Here’s Why

Birmingham Appraisal

An appraiser can provide an unbiased valuation based on market conditions, comparable sales, and the unique characteristics of the property. By aligning the price with its true market value, you make the home more competitive and attractive to buyers who are already watching their budgets.

Buyers 69