Remove Information Remove Market Value Remove Property Appraisal
article thumbnail

3 Things An Appraisal Should Tell You That You May Not Know

Cleveland Appraisal Blog

With the massive amount of technology available to anyone who can access the internet, you might wonder why bother getting a real property appraisal? Isn’t that all that appraisers do? Slap a few sales in a report, and make a few guesstimate adjustments to come up with their opinion of a property’s value?

Appraisal 353
article thumbnail

Understanding Zillow’s Square Footage is Important!

Cleveland Appraisal Blog

FINISHED SQUARE FOOTAGE On more than one occasion some who have read my appraisal reports felt that my opinion of value was too high. They felt that way because of sales they saw on Zillow that appeared to be comparable and sold for less than my opinion of the market value of the property I appraised.

Appraisal 405
Insiders

Sign Up for our Newsletter

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

article thumbnail

How to prepare a comparative market analysis (CMA) report

Housing Wire

A Comparative Market Analysis (CMA) is a detailed report that helps real estate agents evaluate and determine the market value of a property. It is an essential tool that allows agents to clearly communicate a pricing benchmark for a property. What data sources should I use in a comparative market analysis?

Marketing 435
article thumbnail

Zillow Zinged

Cleveland Appraisal Blog

One big one is their Zestimate’s inaccuracy at predicting market value, and more specifically, they were relying on their own Zestimates to make important decisions like buying & selling homes. They are excellent at marketing. And to be honest, they do provide some useful information to the public.

Valuation 364
article thumbnail

Property Appraisal Insights: 4 Community Features that Matter

Appraisal Hub

Understanding the true value of your property can make all the difference when it’s time to sell, buy, or invest. A property appraisal gives you the insights needed to make informed and profitable decisions. What is a Property Appraisal? When is Property Appraisal a Good Idea?

article thumbnail

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 301
article thumbnail

Property Appraisals: What You Need to Know

Appraisal Hub

A property appraisal is also known as real estate appraisal and it can help you learn your property’s real market value in Toronto. The company will assign an appropriate property appraiser to take care of the commercial or residential appraisals depending on your requirements.