I've been thinking of a good time to talk about this topic. I’ve gone back and forth on when to bring it up. It feels like now is as good a time as any to talk about the birds and the bees. Hey now! This is not the kind of “birds and the bees” conversation… Continue reading A Little on the Birds & The Bees
In most parts of the country, real estate appraiser's main source of data is the multiple listing service. (MLS) We use it to find homes that are comparable to the ones we are valuing, to determine what buyers are paying for similar homes. We also use the MLS to analyze the market trends and to… Continue reading 3 Ways Agents Can Help Appraisers to Be More Accurate
If you're not an appraiser, and you're trying to figure out the value of a home, chances are good that you use a price per square foot metric. I've written about this topic in the past. That way of measuring the market can lead to an opinion of value that is in the ballpark of… Continue reading Why You Should Have Your Home Measured Before You List It
What are some potential reasons why a home buyer may later regret their purchase? In this article I discuss some things to think about that may help avoid home buyer remorse.
I hope you all are doing great this week! My family and I are in the midst of a first floor renovation, whilst caring for my wife as she continues to recover from her broken ankle, as I mentioned in my last post. So, I am grateful to have guest blogger, Seth Murphy, who wrote… Continue reading 4 Home Repairs You Need to Hand Over to a Professional
Hello everyone! I hope you are all having a fantastic summer. It's good to see a little normalcy coming back in recent months. While I had intended on posting something more substantial this week, life has made that a little tricky. Last week, my wife broke her right ankle in numerous areas. She has been… Continue reading Broken Ankle & Kitchen Remodel… Life Happens
What is the primary reason a newly built home has a higher market value than the same home that is older? In a word, depreciation. What is depreciation? Simply stated, it is loss in value. There are three basic causes of depreciation for homes. Physical, functional, and external obsolescence. What do they indicate and how… Continue reading How Depreciation Works