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

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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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?

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Real Estate Open Houses Agents Sellers 451

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

Appraisal Partners Blog

JANUARY 20, 2025

Whether you’re buying, selling, or refinancing, an appraisal plays a vital role in determining the true market value of a property. But what exactly is a residential appraisal, why is it necessary, and what factors influence the final valuation? This valuation is crucial for a multitude of reasons.

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Appraisal Inspection Valuation Appraisal Process 78

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.

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Real Estate Appraisal Property Appraisal Valuation 147

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.

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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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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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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 86

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

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.

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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.

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Real Estate Buyers Sellers Appraisal 119

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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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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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

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.

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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.

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Appraisal Real Estate Agent Valuation Real Estate 78

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.

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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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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.

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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.

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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.

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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.

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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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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

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.

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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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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.

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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.

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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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Birmingham Appraisal

OCTOBER 9, 2024

An appraiser can provide an unbiased valuation based on market conditions, comparable sales, and the unique characteristics of the property. By aligning the price with its true market value, you make the home more competitive and attractive to buyers who are already watching their budgets.

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Birmingham Appraisal

SEPTEMBER 3, 2024

Agents, eager to please their clients or secure a listing, may set the asking price too high, reflecting the seller’s emotional attachment rather than the property’s true market value. Why It’s a Problem: Overpricing can lead to the home sitting on the market for too long, becoming what we call a “ stale listing.”

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PennyMac

OCTOBER 10, 2023

For most loans, the lender obtains a signed and completed appraisal report that accurately reflects the market value, condition and marketability of the property. They must take into account all factors that influence a home’s value when developing the market value opinion in the appraisal report.

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AmeriMac

JUNE 30, 2024

Home appraisals are done by licensed appraisers trained in valuing real estate properties. They provide an unbiased assessment of a property’s value. Appraisers work independently and focus on determining fair market value, separate from the buying or selling process.

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AmeriMac

OCTOBER 28, 2024

Sold below market value, they often require significant repairs. The property may also have legal issues, like title problems or unpaid liens, which can affect its value. Appraisers must fully understand foreclosure processes, legal issues, and local market trends to set the correct market value for REO properties.

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East Coast Appraisal

AUGUST 22, 2023

An appraisal can help you determine the fair market value of your property, negotiate a better deal, or secure a favorable loan. You need to take some steps before and during the appraisal process to ensure that you get the most accurate and reliable valuation possible.

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