Remove Housing Market Remove Market Value Remove Property Appraisal
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The Difference Between Pricing a Property and Appraising It

Cleveland Appraisal Blog

The opposing side in one of the cases required that a new valuation be completed by a state-certified appraiser. In the other case, my client’s attorney recommended having their marital property appraised. But the owner felt that a real estate agent could do the same type of valuation as an appraiser.

Appraisal 305
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Supporting Market Conditions Adjustments: A Comprehensive Guide for Appraisers

Appraisal Buzz

Understanding these nuances is crucial for ensuring that time adjustments accurately reflect changing market conditions. To illustrate, Fannie Mae provides an example where the overall market value trend for a 12-month period increased by 7%.

Appraisal 358
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BC Assessment vs Home Appraisals

D Fritz Appraisals

As property values soar and housing accessibility becomes more challenging, understanding the role of these valuations in shaping real estate decisions is more critical than ever. Home appraisers conduct thorough interior inspections, whereas BC Assessment typically relies on external data and drive-by observations.

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The Challenges of Appraising Multifamily Properties

Appraisal Buzz

These properties are not for owner occupancy. Because multifamily homes serve a different purpose than single-family properties, appraisers have yet another factor to consider before presenting a number to the bank. Essentially, you calculate each unit’s fair market rent based on other rentals located in the neighborhood.

Appraisal 397
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Was This Home Overimproved or Underimproved?

Cleveland Appraisal Blog

The Appraisal of Real Estate, fifteenth edition on page 352, states that “…the relationship between land and improvements and the relationship between a property and its environment must be in balance for a property to achieve its optimum market value. That is not always a simple task.

Appraisal 288
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Is A Cubicasa Scan an Inspection?

Cleveland Appraisal Blog

Interestingly, some appraisers don’t like using the term inspection when describing our walking thru a home to observe things like its condition, layout, and other aspects of the home that impact market value. It took me hours to measure the improvements on the property. I’ll be ready for the next complex property!

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Renovations That Increase Home Value in BC: Our Top 8 Picks

D Fritz Appraisals

If you are looking to sell quickly or have a limited budget, it is worth researching the renovations that increase home value the most. Fritz Appraisals Inc. knows which renovations can add market value – and which will make your home more valuable to you but won’t necessarily increase the selling price.