Tag Archives: water view adjustment

Real Estate Appraisal: What’s a View Worth?

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. […]