Appraising, Helpful for FSBO, Helpful Info For Agents, Helpful to Homeowners, Home Repairs, Market Activity

How Depreciation Works

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

Happy Living, Helpful to Homeowners, Just For Fun

An Entertainer’s Dream: Top Backyard Upgrades Your Summer Guests Will Eat Up

Hello everyone! I hope you're doing great out there! I am working on a new article that I will share next week. Kelsey Luvisa from HomeLight wrote a cool article for the Cleveland Appraisal Blog on a hot topic in real estate, namely, backyard entertaining.  I hope you enjoy their article and the warmer weather!… Continue reading An Entertainer’s Dream: Top Backyard Upgrades Your Summer Guests Will Eat Up

Appraisal Profession, Appraising, Helpful for FSBO, Helpful Info For Agents, Helpful to Homeowners

What’s Your View?

When a rainbow appears, it can put a smile on our face. They are so beautiful! When one appears, you can be sure that images of one will appear on social media, as people share their beauty with others. Rainbows are artwork in the sky. For many, including me, they invoke happy feelings. Perhaps they… Continue reading What’s Your View?

Appraising, Helpful Info For Agents, Helpful to Homeowners, Market Activity

The Housing Market Has Become Like the Pymatuning Spillway

If you ever get the chance to visit Pymatuning Lake in PA, which is on the boarder of Ohio and Pennsylvania, make sure to go over to the Linesville Spillway. It is an amazing site. Hundreds of Carp congregate in the spillway, battling for food. Throw a little bread in, and it's a feeding frenzy!… Continue reading The Housing Market Has Become Like the Pymatuning Spillway

Appraisal Profession, Appraising

Is This Discrimination?

As a child, many of my best friends had darker skin than mine. Fortunately, I grew up in a family whose view is that all people are equal, and that differences in race, skin color and background, are what make humans so beautiful. Sadly, there are some that do not share that view.  As a… Continue reading Is This Discrimination?

Appraising, Helpful for FSBO, Helpful Info For Agents, Helpful to Homeowners, Home Repairs

Be A Crack Detective

Over the years, I have seen a lot of cracks. Big cracks, small cracks, long ones, and short ones. I've seen cracks of all different shapes and sizes. I should make it clear that I am not a crack expert. Before I go on, I should also make clear the type of cracks I am… Continue reading Be A Crack Detective

Appraisal Profession, Appraising, Helpful Info For Agents, Helpful to Home Owners, Helpful to Homeowners

How Surplus & Excess Land Work

Welcome to 2021! I hope you all are hanging in there and doing as well humanly possible. To start off the new year, I thought that I would tackle the topic of land.  It can be easy to over-simplify value because value is not always as clear cut as it appears. For example, if a… Continue reading How Surplus & Excess Land Work