Appraising, Helpful Info For Agents, Helpful to Homeowners

When & How do Appraiser’s Adjust for Age?

Like most aspects of an appraisal, things seem easy. That is, until one takes a closer look. Age is a good example. It seems logical to think that a newer home is more valuable than an older home. However, that's not always the case.  Last week, a real estate agent asked me about how appraisers… Continue reading When & How do Appraiser’s Adjust for Age?

Appraising, Helpful for FSBO, Helpful Info For Agents, Helpful to Homeowners, Just For Fun

AVM’s & Punxsutawney Phil’s Accuracy

On Tuesday of this week, Punxsutawney Phil saw his shadow. Therefore, we have six more weeks of winter weather, by some predictions. Somehow, I feel like six more weeks of winter is a given. Especially in Northeast Ohio. How accurate are weather predictions made by folks who try to base future weather patterns on whether… Continue reading AVM’s & Punxsutawney Phil’s Accuracy

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

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

How Cost To Cure Works

On a regular basis, I appraise homes that need some type of repair. It may be as simple as replacing an outlet, or as complicated as renovating a home. In the appraisal process, the appraiser has to estimate a cost to cure many types of repairs. Why do appraisers use the term, cost to "cure",… Continue reading How Cost To Cure Works