Tag: Market Value

Posted on 11/29/2020
How Climate Change May Threaten 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
Appraisal versus Assessment
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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