When doing an appraisal comparative valuation analysis, does your home or the comps have a road noise problem? That may be a needed adjustment (we provide a free appraisal comparative analysis sheet). If a municipality conducts a mass appraisal, noise adjustments are often overlooked. As you can see below, that noise nuisance problem might deserve […]
Category Archives: Appraisal Adjustment Guide
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What You Looking At? 4 Basic Adjustment For View Someone’s in a home where the only view is the back of another home. If they learn about another similar-sized home that has a decent view and is assessed by the municipality at the same assessed valuation as their home – justice demands a property tax […]
A fantastic water view can increase market price of a home. Andy Krause, principal data scientist at Greenfield Advisors, a real-estate research company notes that the increase in price appreciation is in the eye of the beholder. This research company gave the following view adjustment statistics which are similar adjustments corroborated by Appraisal Institute publications. […]