What is the process when private real estate is needed for public projects? ‘Eminent domain’ is the label frequently used to describe that process, and its basis lies in the U.S. Constitution. All U.S. states, including Massachusetts, have their respective statutes regarding the state taking private real property. Although eminent domain’s application has expanded in […]
https://www.bostonappraisal.com/wp-content/uploads/2019/05/Eminent-Domain-Issues-in-Massachusetts-Real-Estate-min.jpg450810Adminhttps://www.bostonappraisal.com/wp-content/uploads/2019/05/bostonappraisal-logo-white-1.pngAdmin2019-01-21 07:00:332019-05-27 02:54:27Eminent Domain Issues in Massachusetts & New England
The digital age has disrupted many traditional businesses. Ridesharing has upset the taxi business; online marketplaces have, to a large extent, replaced newspaper classified ads. Residential real estate markets are flexing to accommodate fast-growing short-term rental companies such as Airbnb and VRBO. Owner-occupied homes now have the potential for limited rentals; houses purchased for investment […]
https://www.bostonappraisal.com/wp-content/uploads/2019/05/Shortterm-min.jpg450810Adminhttps://www.bostonappraisal.com/wp-content/uploads/2019/05/bostonappraisal-logo-white-1.pngAdmin2019-01-14 07:00:272019-05-27 03:03:05Short-Term Rentals, New Regulations, and Appraisal Considerations
Agents, investors, property owners and anyone riding on the results of an appraisal want the value to come out the way they expect, and the way they think it should, but is that how high-risk financing decisions should be made? Who is most qualified to evaluate a subject property and select the best comps based […]
https://www.bostonappraisal.com/wp-content/uploads/2019/05/I-Got-a-Low-Appraisal-Reasoning-from-Different-Perspectives-min.jpg450810Adminhttps://www.bostonappraisal.com/wp-content/uploads/2019/05/bostonappraisal-logo-white-1.pngAdmin2019-01-06 22:34:122019-05-27 03:03:47I Got a Low Appraisal! Reasoning from Different Perspectives
The difference between construction cost and value is a central question in any appraisal assignment. Appraisers use several processes to estimate value. One of these is the cost approach, which takes into consideration the actual cost of building a structure similar or identical to the one under study. But other approaches to value often do […]
https://www.bostonappraisal.com/wp-content/uploads/2019/05/constructioncost-min-1.jpg450810Adminhttps://www.bostonappraisal.com/wp-content/uploads/2019/05/bostonappraisal-logo-white-1.pngAdmin2018-12-30 22:36:412019-05-27 03:04:36Contrasting Property Value with Construction Cost: Untangling a Subtle but Critical Appraisal Complexity
Appraisers have nearly unlimited possibilities in how they report the results of appraisal assignments. These choices could be oral appraisal reports, written appraisal reports, limited written appraisal reports, or many standardized report forms. The appropriate appraisal report format is determined by the appraiser and the client, considering the appraisal’s intended use and specific requirements of […]
https://www.bostonappraisal.com/wp-content/uploads/2019/05/The-Right-Appraisal-Report-for-the-Job-min.jpg450810Adminhttps://www.bostonappraisal.com/wp-content/uploads/2019/05/bostonappraisal-logo-white-1.pngAdmin2018-12-23 14:04:452019-05-27 03:19:47The Right Appraisal Report Form for the Job
Eminent Domain Issues in Massachusetts & New England
What is the process when private real estate is needed for public projects? ‘Eminent domain’ is the label frequently used to describe that process, and its basis lies in the U.S. Constitution. All U.S. states, including Massachusetts, have their respective statutes regarding the state taking private real property. Although eminent domain’s application has expanded in […]
Short-Term Rentals, New Regulations, and Appraisal Considerations
The digital age has disrupted many traditional businesses. Ridesharing has upset the taxi business; online marketplaces have, to a large extent, replaced newspaper classified ads. Residential real estate markets are flexing to accommodate fast-growing short-term rental companies such as Airbnb and VRBO. Owner-occupied homes now have the potential for limited rentals; houses purchased for investment […]
I Got a Low Appraisal! Reasoning from Different Perspectives
Agents, investors, property owners and anyone riding on the results of an appraisal want the value to come out the way they expect, and the way they think it should, but is that how high-risk financing decisions should be made? Who is most qualified to evaluate a subject property and select the best comps based […]
Contrasting Property Value with Construction Cost: Untangling a Subtle but Critical Appraisal Complexity
The difference between construction cost and value is a central question in any appraisal assignment. Appraisers use several processes to estimate value. One of these is the cost approach, which takes into consideration the actual cost of building a structure similar or identical to the one under study. But other approaches to value often do […]
The Right Appraisal Report Form for the Job
Appraisers have nearly unlimited possibilities in how they report the results of appraisal assignments. These choices could be oral appraisal reports, written appraisal reports, limited written appraisal reports, or many standardized report forms. The appropriate appraisal report format is determined by the appraiser and the client, considering the appraisal’s intended use and specific requirements of […]