Appraising, Helpful Info For Agents, Helpful to Home Owners

Does Being Located in A FEMA Flood Zone Impact Value?

Do you know if your home is in a FEMA Special Flood Hazard Area (SFHA)? Does it make a value difference? I recently appraised a home in which the lot was located in numerous flood zones.  In fact, I see this on a fairly regular basis.  The answer to the opening question regarding value is… Continue reading Does Being Located in A FEMA Flood Zone Impact Value?

Appraising

What Makes an Appraisal Supportable?

  While driving around performing appraisals, I see many runners. Some runners look like they have no real technique. Others appear to have a regimented technique to their running style. The truth is, the goal of both is simply to move from point A to point B. Right? One just appears more professional. While in running,… Continue reading What Makes an Appraisal Supportable?

Appraising, Cleveland Area, Market Activity

What Will A Million Dollars Get You in Residential Real Estate In Cleveland?

Over 200 years ago, Moses Cleveland visited the area as part of a real estate business transaction. The Connecticut Land Company purchased a large portion of Northeast Ohio from the state of Connecticut for $1.2 million dollars. Moses Cleveland led a surveying company, that surveyed what is now called the Western Reserve, or the Western Reserve of… Continue reading What Will A Million Dollars Get You in Residential Real Estate In Cleveland?