Often, when appraising homes, I see MLS listings that call a shed an out building. Ask any appraiser and they will likely say that a shed is not an outbuilding. So, are sheds outbuildings? Sometimes it's good to just get the definition from the dictionary and then go from there. According to Merriam Webster's dictionary,… Continue reading Are Sheds Outbuildings?
The great thing about land is that no matter what may happen to the structures on it, the land is always there. A structure can be torn down and a new one built. With home ownership, we usually take this for granted. However, there are locations in which this may not always be the case!… Continue reading Shrinking Lots and Eroding Values
What does tandem mean? The idea of something being tandem literally means one thing that is behind another. What comes to your mind when you think of the word tandem? Sky diving, kayaking, a tandem bicycle? Perhaps a tandem unicycle? In these situations, there is one person in the front and one person in the back. In many of… Continue reading Do Tandem Bedrooms and Garages Impact Value?
When I was a teenager, I drove a lot of old cars because I couldn't afford a new one. I also did most of the work on them to try to save money. Early on, I learned a valuable lesson when it comes to repairs. Always start diagnosing a problem by checking the inexpensive things… Continue reading Why Having Functional Gutters and Downspouts Is So Important
Can you think of some preventative things we do in life to avoid or at least minimize problems? Oil changes, cleaning gutters, healthy eating, exercise and colonoscopies? (yeah, I went there) Granted, these things cost money. Sometimes they are downright inconvenient. However, we take these measures because, in many cases, they protect us from entering in to a… Continue reading 5 Ways Appraisers Can Protect Real Estate Agents