by Lane Duplechin | Home Values, Property Values
In most situations, not really! Dirty dishes in the sink, toys in the living room, clothes on the floor are part of daily life for most of us. Appraisers are trained to look past these types of personal property. Their focus is on the permanent fixtures such as walls,...
by Lane Duplechin | Property Values, Real Estate Expert
Appraisers use bracketing to select comps with features and characteristics that are both inferior and superior to those of the subject property. . The goal is to attempt to bracket all features that require adjustments. Features may include items such as...
by Lane Duplechin | Home Values, Property Values, Real Estate Expert
Home valuation tools like these simply use algorithms and generic data to “guess” your home’s value. 🏠 Automated systems do a poor job of valuing qualities and characteristics that are intangible. Fresh paint, remodeling efforts, quality building...
by Lane Duplechin | Home Values, Market Update, Property Values, Real Estate Expert, St. Martin Parish
The real estate market is constantly changing. If you are thinking about listing your property for sale, purchasing a property, or going through a divorce/estate settlement, it is important to have the most up-to-date information. Here are a few graphs and charts...
by Lane Duplechin | Real Estate Expert
Lane explains what to expect when the appraiser visits your...
by Lane Duplechin | Real Estate Expert, Uncategorized
We’re sharing a quick welcome video! We’d like everyone to know who we are and what we...
by Lane Duplechin | Process
Real estate appraisals typically involve an on-site property inspection. The appraiser will schedule an appointment in advance with the homeowner or real estate agent. During the site visit, the appraiser will generally make observations, take pictures, and measure...
by Lane Duplechin | Real Estate Expert
Simply stated, a sale is a property that has sold. A comparable, commonly referred to as a “comp”, is a recent sale that a reasonable buyer would consider as a good substitute for the subject property. Not all sales can be considered comps! A house that sold down...
by Lane Duplechin | Home Values, Process, Real Estate Expert
Each appraisal is unique, but the overall general process tends to follow three general steps. Ultimately, the final opinion of value is what many people want to know, but the process to reach that final value is detailed and thorough. Here’s a brief overview of...
by Lane Duplechin | Market Update, Property Values
It’s time for the Lafayette Parish Market Update. It is important to know the analysis is only for Lafayette Parish and only includes detached single-unit properties. We will analyze the change in sales volume and the change for the median, average, and average...
