Appraisal Profession, Appraising, Construction, Home Buyers, Home Repairs

Retention vs. Detention Ponds: Whatโ€™s the Differenceโ€”And…Is It a Water View that Adds Value?

Youโ€™ve probably driven past them hundreds if not thousands of timesโ€”maybe in a subdivision, behind a school, or next to a shopping center. A grassy dip in the ground here, a pond with cattails. You might not give them much thought unless youโ€™re a duckโ€”or an appraiser. There are some differences between the two. I'm… Continue reading Retention vs. Detention Ponds: Whatโ€™s the Differenceโ€”And…Is It a Water View that Adds Value?

Appraising

Could Cleveland Become a Climate Haven? Why Northeast Ohio Keeps Coming Up in the Conversation

I'm in my office working on appraisals and listening to YouTube videos about the Lake Erie seiche. I've lived here since 1996 and never heard of it. Before we move on, check this out. https://youtu.be/tfULvrUaLzg?si=maHktlBIfZ8qfVnd Itโ€™s not every day you hear the term seiche. You may also not have thought of Cleveland and all of… Continue reading Could Cleveland Become a Climate Haven? Why Northeast Ohio Keeps Coming Up in the Conversation

Appraisal Profession, Appraising, Cuyahoga County Housing Stats, Helpful for Appraisers, Helpful Info For Agents, Helpful to Home Owners

Exposure Time vs. Marketing Time: Why the Clock Matters in Appraisals

If you've read through an appraisal report, you probably saw the appraiser's estimated exposure time for the property being appraised. What is the exposure time and how does it differ from marketing time? Why are both important factors to consider? I talk about it in this article. I hope you enjoy it!