Simonson Real Estate

JULY 10, 2020

New construction or planned renovations – Actual construction cost statements, plans, material specifications, etc. Value Scenarios. What is Market Value As Is and When is it Used? The estimate of the market value of real property in its current physical condition, use, and zoning as of the appraisal date.

Appraisal Process 148

Appraisal Process Appraisal Market Value Tenants 148

Cleveland Appraisal Blog

MARCH 30, 2021

So many visitors have stopped by over the years, that they renovated the area to make it more visitor friendly, with better parking and a nicer observation area. Within the past couple of weeks, I have appraised several properties for purchases, where my opinion of the market value of these homes was significantly below the contract price.

Housing Market 367

Housing Market Marketing Reconsideration of Value Contracts 367

Cleveland Appraisal Blog

JUNE 18, 2022

Becoming an expert appraisal witness in an eminent domain case starts with developing a comprehensive understanding of how value is determined in this special proceeding. While most states allow fair market value to be established using traditional appraisal approaches (e.g.

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Appraisal Law Development Valuation 309

AmeriMac

MARCH 15, 2025

Understanding Appraisal Management In real estate, determining a property’s fair market value is crucial for transactions. Appraisal management involves coordinating and overseeing the valuation process to ensure compliance with industry standards like USPAP in the US.

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Appraisal Valuation Real Estate Appraisal Process 36

Housing Wire

JUNE 7, 2024

Market data about the area, an invitation to an upcoming open house, or info about a coming soon listing nearby are all great items of value. Don’t forget to include your contact information and a call to action such as: “Call/text me to learn about your home’s current market value.” Who’s it for? Who’s it for?

Real Estate 468

Real Estate Open Houses Agents Sellers 468

Boston Appraisal

FEBRUARY 11, 2024

Introduction Appraising historical properties involves a complex interplay of factors, making it a specialized field within real estate valuation. Targeting the Most Likely Buyer The niche market for historical properties typically comprises buyers who value historical preservation and authenticity.

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Appraisal Renovations Architecture Appraisal Process 147

Realvals

JUNE 18, 2023

An appraisal can assist you in determining the value of real estate, personal items, and business interests. Appraisers provide unbiased valuations that may help reduce any potential conflicts among beneficiaries. An appraisal will provide you with the current market value of your real estate.

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Appraisal Property Taxes Real Estate Market Value 145

The Robert Weiler Company

SEPTEMBER 16, 2021

The goal of a real estate valuation is to pinpoint the price and value of a property. The product of the real estate valuation – the commercial appraisal report – establishes the property’s value at a specific point in time. In addition, there are four main methods for calculating a commercial real estate valuation.

Real Estate 147

Real Estate Appraisal Property Appraisal Valuation 147

AmeriMac

JANUARY 31, 2025

A qualified professional appraiser gives an unbiased estimate of the property’s market value. This value considers different factors to ensure buyers and sellers are treated fairly. Understanding real estate appraisals is crucial in a changing market like New Albany, OH.

Real Estate 36

Real Estate Appraisal Real Estate Agent Valuation 36

Appraisal Partners Blog

FEBRUARY 26, 2025

To determine the fair market value of real estate, a divorce appraisal is essential. Property Inspection: The appraiser will conduct a thorough inspection of the property, noting its condition, features, and any upgrades or renovations. This is important if the property’s value has changed significantly since that date.

Real Estate 78

Real Estate Appraisal Valuation Appraisal Process 78

D Fritz Appraisals

MARCH 16, 2021

Be Prepared for an Appraisal for a Positive Impact on Your Home’s Valuation. The benchmark for your home’s worth, an appraisal is a legal document that determines the fair market value of a property. If you’re selling or dividing assets post-divorce, the appraised value ensures that you’ll receive a fair sale price.

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Appraisal HOA Easement Valuation 132

Simonson Real Estate

DECEMBER 6, 2022

In 2022, Simonson Appraisals completed a steady stream of financing assignments with planned new construction or significant proposed renovations. On several occasions, we were presented information about construction or renovation plans well after the initial assignment was started. Clarify What Value or Values are Needed.

Appraisal Process 78

Appraisal Process Real Estate Appraisal Renovations 78

Cleveland Appraisal Blog

FEBRUARY 11, 2022

The appraiser agrees to come in “low” They achieve this by using sales that do not reflect the market value of the property. Does the market value of a home change differ depending on whether the owners are going through a divorce or refinancing their home? The market value is what it is.

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Appraisal Market Value Clients Design 221

Birmingham Appraisal

JUNE 11, 2024

Example Benefits: A homeowner in Birmingham decided to get a marketing appraisal before listing her house. The owner had recently made some updates and renovations and wanted to make sure they got all of their money back from the investment. Cost does not always equal value.

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Appraisal Property Taxes Valuation Real Estate 87

Birmingham Appraisal

MAY 21, 2024

Property Size and Usable Space The square footage of a property and how that space is used can greatly affect its appraisal value. More than just the total area, functional layout and efficient use of space play substantial roles in valuation.

Home Value 75

Home Value Architecture Renovations Real Estate 75

Appraisal Hub

MAY 5, 2024

As a seasoned appraiser in the vibrant real estate market of Toronto, I’ve had the privilege of witnessing the ever-evolving landscape of property valuation. We are tasked with determining the fair market value of a property based on various factors such as location, condition, and comparable sales.

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Real Estate Agent Real Estate Agents Appraisal Process 78

D Fritz Appraisals

MAY 13, 2024

Either way, the goal remains the same: to make the home appear as attractive and welcoming as possible, thereby making it stand out in the competitive real estate market of British Columbia. Your appraiser can accurately assess your property’s worth, considering your area’s latest market trends and comparable sales.

Real Estate 122

Real Estate Buyers Sellers Appraisal 122

Cleveland Appraisal Blog

MARCH 4, 2021

There’s value in that. Subsequently, a new home typically has a higher market value than one that has already been lived in. They get to choose the upgrades, the style and layout of the home. Once the home is lived in, it can never be considered “new” again. Now starts the wear and tear.

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Appraisal Real Estate Real Estate Agent Loan Conditions 222

Realtor

DECEMBER 15, 2016

If all goes well, the home’s appraised value will end up at the price you’d agreed to pay. But the home appraiser could also report that the home valuation is higher—or lower—and this has ramifications for the whole deal. But never fear. Appraisers aren’t perfect,” says Parsons. They make mistakes.”

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Appraisal Real Estate Agent Real Estate Mortgage 78

Realtor

DECEMBER 15, 2016

If all goes well, the home’s appraised value will end up at the price you’d agreed to pay. But the home appraiser could also report that the home valuation is higher—or lower—and this has ramifications for the whole deal. But never fear. Appraisers aren’t perfect,” says Parsons. They make mistakes.”

Appraisal 78

Appraisal Real Estate Agent Real Estate Mortgage 78

Realtor

JANUARY 23, 2018

Luke Sharrett for The Wall Street Journal When Blackstone Group LP wanted to borrow hundreds of millions of dollars to buy foreclosed homes after the housing crash, it needed a quick, inexpensive way to value thousands of houses the investment firm already owned and was offering as collateral.

Appraisal 78

Appraisal Real Estate Agent Valuation Real Estate 78

Realtor

JANUARY 23, 2018

Luke Sharrett for The Wall Street Journal When Blackstone Group LP wanted to borrow hundreds of millions of dollars to buy foreclosed homes after the housing crash, it needed a quick, inexpensive way to value thousands of houses the investment firm already owned and was offering as collateral.

Appraisal 78

Appraisal Real Estate Agent Valuation Real Estate 78

Appraisal Partners Blog

FEBRUARY 18, 2025

Understanding the Appraisal Gap A low appraisal means the independent appraiser has determined the fair market value of the property is less than the price the buyer and seller agreed upon. Property Condition Issues: The appraiser might identify significant repair needs or maintenance issues that negatively impact the value.

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Sellers Buyers Appraisal Real Estate Agent 78

Appraisal Today

NOVEMBER 1, 2024

A well-appointed kitchen can significantly enhance a property’s appeal and marketability. As an appraiser, understanding the nuances of kitchens is essential to providing credible and insightful valuations. Let’s dive into appraising kitchens and how the room impacts market value. Worth reading.

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Appraisal Training Contracts Mortgage 83

East Coast Appraisal

AUGUST 11, 2022

The process also provides sellers with an independent valuation of their property that the seller can use as leverage during negotiations. Home Appraisal Value Is the Same as Market Value. The appraised value of a property is different from the market value. The market ultimately sets the value.

Real Estate 52

Real Estate Appraisal Renovations Market Value 52

The Robert Weiler Company

JULY 6, 2021

They have usually been constructed over 20 years ago and require renovation at this point. An investor can either put money in through value-add projects to update the building or seek residential and mixed-use conversion options. Class A properties sell themselves, and Class B and C’s can be renovated to cater to a target market.

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Logistics Tenants Real Estate Modernization 147

D Fritz Appraisals

SEPTEMBER 19, 2019

A home or house appraisal is a third-party report written by a professional appraiser who visits the property and does market research to analyze how much the house is worth in today’s market. An appraisal report informs homeowners, home buyers, and mortgage lenders on the market value of the home. local markets.

Home Value 78

Home Value Appraisal Real Estate Agent Tools 78

Birmingham Appraisal

JUNE 21, 2023

Helping Agents Understand Appraisal Factors That Impact Home Sales In the world of real estate, accurate property valuation plays an important role in the home buying and selling process. Appraisals provide an objective assessment of a property’s worth, ensuring accurate market value and facilitating successful transactions.

Real Estate Agent 84

Real Estate Agent Real Estate Agents Appraisal 84

Birmingham Appraisal

NOVEMBER 20, 2024

Myth #2: Appraisals are the same as the Zillow Zestimate The Zillow Zestimate is a type of AVM (Automated Valuation Model) that takes information that is fed into it and uses it to spit out a value. The information that Zillow uses to base its value estimate on is not always accurate. Guess what? The short answer is maybe.

Real Estate 91

Real Estate Appraisal Inspection Contracts 91

Eppraisal

OCTOBER 31, 2023

   Property Valuation Your home value is the primary determiner of your asking price. Then counterbalance the estimated price on those sites with the valuation seen on Eppraisal.com.  This licensed professional is generally more competent to do such a valuation than most real estate agents.

Marketing 69

Marketing Real Estate Agent Real Estate Valuation 69

Town & Country Residential Appraisals

SEPTEMBER 29, 2019

In home valuation language they are trying to buy under improvements for the neighborhood, which are usually a good deal, and below market value, but then there is the second half. A “dream home'“ is often code for “over improvement for the neighborhood,” and typically see lower market values compared to their costs.

Renovations 46

Renovations Market Value Valuation Appraisal 46

Town & Country Residential Appraisals

SEPTEMBER 26, 2022

But did you know there are a number of other reasons you should be contracting an appraiser to perform a professional valuation on your property? My experience in completing appraisals for properties that have been sold without the professional expertise of a real estate professional is that the selling price is often lower than the value.

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Appraisal Renovations Real Estate Valuation 50

The Robert Weiler Company

MARCH 15, 2021

And if there’s a bottom of the 9 th inning push to classify the building as “historic,” renovations and demolition may be additionally hampered, making the building less attractive to future buyers. Research the specialty property appraisals of those sales and adjust to current dollar values. This approach requires research.

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Appraisal Property Appraisal Real Estate Buyers 158

The Robert Weiler Company

OCTOBER 21, 2022

So, take a deep breath, read on, and be prepared to gain a deeper insight into this important topic of commercial real estate valuation. Note: A commercial property valuation is considered the equivalent of an appraisal, and the words are sometimes used interchangeably. You may need a commercial valuation for many reasons.

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Real Estate Appraisal Property Appraisal Valuation 60

AmeriMac

DECEMBER 30, 2023

Definition and Purpose of REO Appraisals REO appraisals play a crucial role in establishing the market value of homes, especially during the foreclosure process. Mortgage lenders rely on these appraisals to determine the value of fundamental estate-owned properties, directly impacting loan amounts for refinancing.

Real Estate 36

Real Estate Appraisal Inspection Valuation 36

AmeriMac

JUNE 15, 2024

Key Highlights Real estate investment properties require accurate appraisals to determine their market value and potential return on investment. The appraisal process involves various valuation methods such as the sales comparison approach, income approach, and cost approach.

Property Appraisal 36

Property Appraisal Investing Appraisal Property Taxes 36

East Coast Appraisal

FEBRUARY 28, 2022

If you plan to refinance or sell your home, you should first determine its fair market value. Then, property appraisals are an opportunity for an appraiser to check your home's quality, condition, amenities, location, and other special features that affect its value. Any quality improvements increase the appraised value.

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Appraisal Renovations Home Value Construction 52