MN Real Estate Services
APRIL 20, 2017
Commercial Real Estate Appraisals Are More Complicated Than the Typical House Appraisal. That is hardly a surprise. Unlike most home appraisals, there are usually far fewer comprable (comps) properties with which to do an accurate valuation based on market activity. Appraisers use three approaches to value in Appraisal Practice when determining the Market Value of a property: The Sales Comparison Approach.
CM Appraisals
APRIL 6, 2017
Pricing your home in the current market By Tom Horn Pricing your home in the current market When we talk about pricing your home in the current real estate market what should we really be looking at? There are some basic indicators that we have to consider when discussing how healthy the Birmingham housing market is. These indicators include the following: Number of homes sold, Average/median sales price, Days on market, Total inventory, and Months of supply.
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