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Role Play: Appraisers and their Intended Uses

Appraisal Buzz

Some appraisers are vehemently opposed to some of these modernization efforts because they remove some of the steps in our traditional process. In fact, we’ll be even more important because unlike the automotive industry, we have no standardized approach to the collection and development of real property data.

Appraisal 397
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Ethics is Our Solution

Appraisal Buzz

After all, algorithms themselves are simply tools that enshrine the biases and ethical failings of those who design them. Many advances have been made over the years to enhance techniques for developing real property valuations. For all the value of technology, we would be wise to avoid mistaking these tools for the solution.

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Planning for a Home Renovation: A Guide

Cleveland Appraisal Blog

How to Create a Home Office Designing a home office begins with selecting the ideal location, steering clear of spaces like the bedroom or living room to maintain a healthy work-life balance. Flooring updates and modern landscaping can upgrade the home’s aesthetics, increasing its overall value.

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Are Appraisers Professionals?

Appraisal Today

It’s not just about acquiring designations but staying informed about market dynamics, industry changes and emerging trends. Acre lot, built in 1962 John Sugden, a disciple of Mies van der Rohe and a luminary in architectural design, crafted this home with a robust U.S The appraisal includes no recent sales of similar design.

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Three Types of Commercial Real Estate Obsolescence

Property Metrics

Functional Obsolescence is the impairment of a real property’s functional capacity due to changes in market tastes and/or standards. In other words, a property could become functionally obsolete when its design, style, amenities, or technology no longer meet the needs and/or expectations of modern tenants.

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How Simply Replacing Your Fixtures Will Add to Your Home's Value

Eppraisal

According to an article written by Jennifer Schmidt and Richard Haddad on homelight.com titled, What is Considered a Fixture When Selling a House? , "A fixture is typically defined as an object that is physically attached to real property that would require tools to remove it."

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Fannie Mae Takes A Closer Look at Appraisals

Appraisal Today

In this category, you find the properties that represent the whimsical side of the design and prove there is no idea too out there when it comes to constructing a building. Failure to analyze the sales history of the subject property. Failure to disclose significant real property appraisal assistance.