Reconciliation

How do you reconcile between the value indications of the three approaches, or even between the range of value indication in even one approach? How you answer this is important … Read More

Appraiser Politics

  Recently, I noticed many appraisers were excited about a new bill that was introduced in Virginia. This bill initially sounded favorable to me, but as I examined it more … Read More

Age is Relative

You might have noticed a certain theme running through some of my recent blog posts. I’ve been focusing on the fundamentals of real estate appraisal; the importance of location, differentiating … Read More

Location, Location, Location

It’s one of the oldest sayings in the industry and you’ve all heard it a million times before. “What are the three biggest rules of real estate? Location, location, location.” … Read More

Price vs Value

  Nobody can deny that there are a lot of issues plaguing the appraisal industry at the moment. I want to talk about one issue that I sometimes see: the … Read More

Off-Shouldering; The Key to Success

We are now knee-deep in tax season. Oh joy. When I realized this, it got me thinking about the first time I ever made use of off-shouldering.   “Off-shouldering” is … Read More

Is $25 per Square Foot Accurate?

What is the proper adjustment for differences in square footage on a 2,500 square foot home as compared to a 2,800 square foot abode? $25 per square foot? $30 a … Read More