Tag: Market Value

Posted on 11/21/2021
Will Climate Change Impact Real Estate Values?
Image by Gerd Altmann from Pixabay Natural disasters including flooding, hurricanes, mudslides and wildfires affect real estate values. Some recent examples of real estate transactions being influenced by these increasingly intense and frequent events include: A Charleston, South Carolina, homeowner deciding to demolish her house after three years of flooding caused by hurricanes that led to 11 failed...
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Posted on 07/14/2019
Getting Ready for a Bidding War
You and your agent search for weeks to find the perfect home and suddenly, there it is on the market. It’s in the highly sought-after neighborhood of your dreams and, amazingly, the asking price is in your sweet spot. You and your agent follow tried and true negotiation tactics only to learn that the seller has multiple offers...
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Posted on 07/07/2019
What’s the Difference Between Appraisals and Assessments?
Home valuation is one of the tricky areas of real estate. In general, you want a high appraisal and a low assessment. But shouldn't they be the same? Well, in a perfect world your assessment and your appraisal would be the same, but you don't want the world to be perfect in this regard. Here's why: Appraisal An...
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