article thumbnail

The Impact of Location on Property Appraisals

Appraisal Hub

When someone wants to find out how much a property is worth through property appraisal, one of the factors that most influences price is its location. What is a Property Appraisal? A property appraisal is when experts, called appraisers, come to your property and figure out how much it’s worth.

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. This guide will explore the key aspects of property appraisals and help you navigate the process effectively.

Insiders

Sign Up for our Newsletter

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

article thumbnail

10 Appraisal Competencies Every Property Appraiser Should Master

Appraisal Buzz

” To help you out, we’ve put together a list of ten key things you should strive to do well as a property appraiser, plus resources you can use to hone your skills in each area. Key appraisal competencies Manage business expenses.

article thumbnail

Investment Property Appraisal: Understanding AS-IS and AS-REPAIRED Values

Boston Appraisal

When looking to invest in a property, particularly one that is run down and in need of renovation, there is always a need to define current and potential values.

article thumbnail

Investment Property Appraisal: Understanding AS-IS and AS-REPAIRED Values

Boston Appraisal

When looking to invest in a property, particularly one that is run down and in need of renovation, there is always a need to define current and potential values.

article thumbnail

Waterfront Property Appraisals

Appraisal Today

Understanding the depth, quality of the water, and type of shoreline is crucial, as these elements directly influence the property’s usability, aesthetics, and long-term stability. The importance of these factors cannot be overstated, and they deserve careful consideration in every waterfront property appraisal.

article thumbnail

Decoding Property Appraisal for REO Properties

AmeriMac

Understanding these distinctions is crucial for accurately evaluating the value of REO properties compared to conventional real estate assets. The Appraisal Challenges for REO Properties Appraising REO properties presents special challenges for real estate experts.