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ATX Appraiser

Value Trends for Real Estate Condo Sales in UT

UT West Campus Condos Market Values

By | Sales Analysis | No Comments

The area known as West Campus near University of Texas is a hot spot for condos sales and rentals due to the obvious transient nature of the market area. Each year students, specifically upperclassmen, go on the hunt for a suitable off campus property for the next few years of college. Likewise, many graduates are moving away from the college scene and into apartments more suitable for young professionals. Typically turn-over like this is a…

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sales concessions influence appraisal

How Do Sales Concessions Affect Market Value?

By | Sales Analysis | No Comments

Concessions listed on comparable sales are an important factor that an appraiser needs to weigh when performing an appraisal. Most appraisal forms, including the government standard 1004 URAR, has a section in the sales comparison grid to list, and adjust for, any concessions made on the sale of that property. Depending on the amount of the concession, and what is typical within the market area, they can have a drastic impact on the adjusted value…

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Is Price Per Square Foot Accurate for Appraisals

Does Price Per Square Foot Give An Accurate Home Value?

By | Appraisal Methods | No Comments

In the world of real estate, it is very common for homes to be valued by their square footage.  Understanding the way a price is set per square foot and how it works is seeing and understanding the market value of properties. The Square Footage Within A Neighborhood: There is never one price per square footage within a neighborhood.  There are other factors that are taken into consideration.  One particular neighborhood might ring in $100…

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What Makes Buyers Overpay for Homes?

By | Buying | No Comments

In the world of real estate and buyers, there seems to be a little imbalance in what the actual value of a home might be and what a buyer might be willing to pay. In many cases, a buyer will overbid on a property even though the neighborhood, the age of a particular home or even what a realtor believes is way over the mark. Appraisers When sellers bring in appraisers, obviously, they want the…

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New Market Reports Available

By | Appraisal Tips | No Comments

The appraisers over at RealEstateAppraisalsAustin have started offering free Austin housing market reports on their website. These reports are usually around 6 pages long and provide an in-depth analysis of market condition over the past five years. While the reports provide housing stats all the way back to five years, their reports take an emphasis on the last 36 months, providing charts and graphs for this time period. The reports should be of use to…

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Low Cost, Cheap Austin House Appraisals

By | Appraisal Tips | No Comments

A home appraisal doesn’t have to be trigger for anxiety. Simply understand what you need to do to be ready and you can make it an easy procedure. Your goal may be to sell your home in order to get a loan in the bank against your home. To achieve both objectives you need a good appraisal. You can reach your goals by calling upon a qualified Austin Home Appraiser firm. Appraisals are a significant…

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