by Rick Roorda | Residential Appraisal Insights
We’re excited to share that NoCo Valuations was recently featured in a national article by Redfin, one of the country’s leading real estate platforms. The article, titled “Pre-Listing Appraisals: Do You Need One Before Selling Your Home?”, highlights insights from...
by Rick Roorda | Residential Appraisal Insights
Valuation of Solar I was recently asked about valuation of solar, so I thought I would post about a tool I use for “owned solar” that you can use as well. Many of you may already use it, but for those that don’t, it is www.pvvalue.com This is a great tool and Realtors...
by Rick Roorda | Residential Appraisal Insights
Valuing 2-4 unit properties is a little different. Bedroom count typically drives rent, and income is a main driver of value for income properties. For comparable sales I typically search the MLS by unit count. Using the results I focus on location, bedroom count,...
by Rick Roorda | Residential Appraisal Insights
If you disagree with the appraiser’s opinion of value, you may challenge the value. For private appraisals, simply contact the appraiser. For appraisals for lending purposes, contact the lender for advice on how to submit a reconsideration of value. The GSE’s have...
by admin | Residential Appraisal Insights
Choosing comparable sales: I am often asked my process in identifying and choosing comparable sales for use in the sales comparison approach. I am sure my process is similar to yours. The objective of the Sales Comparison Approach is to formulate an opinion of value...
