by Lane Duplechin | Home Values, Property Values, Real Estate Expert, Uncategorized
Appraisers make adjustments to comparables to account for differences between properties. Adjustments reflect the incremental value buyers are willing to pay for specific features. 📣📣📣Adjustments are MARKET SPECIFIC!!! There is NOT a one-size fits all dollar value...
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 | 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...