Values & Appraisals

Wondering what hazard insurance is? Learn why this crucial coverage protects your home from fires, storms, and other perils - and why mortgage lenders require it.

Discover why a property's permanent location shapes its value. Learn how fixity of location in real estate connects neighborhood dynamics to property worth and investment potential.

Discover what rehabilitation means in real estate - from preserving historical charm to modernizing systems. Learn how this renovation approach keeps character intact.

Discover why no two properties are truly identical. Learn how heterogeneity in real estate shapes property values and why location isn't the only factor that matters.

Discover what Value in Use means in real estate appraisal and why your property's current purpose might be worth more than its market value. Get the full scoop here.

Discover what USPAP means for real estate appraisals and why these national standards matter for your property valuation. Your complete guide to appraisal excellence.

Discover how unearned increment can boost your property value without lifting a finger. Learn about this passive value growth and what causes your real estate to appreciate naturally.

Discover how the Unit-In-Place Method helps builders and developers estimate construction costs by breaking down each component, from foundation to roof, piece

Learn how the Square Foot Method helps calculate property values by multiplying total floor area with local construction costs. Perfect for quick property estimates.

Discover how appraisers use the Sales Comparison Approach to value properties by analyzing recent comparable sales. Learn the method pros use to price homes accurately.

Why pay more for a property when a similar one costs less? Learn how the Principle of Substitution shapes real estate values and helps buyers make smarter investment decisions.

Discover how the principle of progression affects property values. Learn why a modest home can be worth more when surrounded by luxury properties in the same area.

Discover how neighboring properties affect your home's value through the Principle of Progression and Regression. Learn why location matters more than you think in real estate.

Ever wonder why that sixth bathroom might not boost your home's value? Learn about the Principle of Decreasing Returns in real estate and when improvements stop making cents.

Discover how the Principle of Consistent Use shapes property values by ensuring land and improvements work together. Learn why appraisers can't mix and match property uses.

Discover why matching your neighbors might be the key to property value. Learn how the Principle of Conformity impacts real estate appraisals and home values.