As a real estate appraiser, I’ve been asked many times what my approach is to determine fair market value. While there are three main approaches to value (income, cost, and sales comparison), for residential appraisals the sales comparison approach is almost always used. The other two approaches are more often used for income producing properties […]
Appraisers can perform their best when they have the most information. As a home appraiser, it is our job to gather as much information as we can in order to make informed decisions. This could be pertaining to the selection of comparables, the appropriate adjustments, and how we reconcile the final opinion of value. Realtors […]
Mountainside, NJ located in Union County is a desirable area in which to live. Since it does not have a high school in the borough, residents benefit with relatively slightly lower taxes. Whether you are looking to move or are already a resident, knowing the real estate market can be helpful. As a Mountainside appraiser, […]
Would you ever leave the value of your home to luck? Maybe I’ll list my home at $10,000,000 and see if I get lucky. If appraisers were like the cable guy, I’d provide a window of value and tell you your home is worth between $400,000 and $800,000 :). Zillow’s range of accuracy can be like […]
Choosing the right estate planning appraiser is an important step in moving forward once a homeowner has passed away. This can be an overwhelming time, however selecting an appraiser does not have to be challenging. Here are three things you should consider: Location – When hiring an estate planning appraiser, you should consider how far […]
Clark, NJ located in Union County is a desirable area in which to reside. Whether you are looking to move or are already a resident, knowing the real estate market can be helpful information. As a Clark home appraiser, I pulled data from the Multiple Listing Service (below) and it shows signs that the town […]
Maplewood, NJ located in Essex county is a highly desirable area to reside, but do you know how that could affect your home value? Last year, the median home sale price was 7% higher in the spring Knowing the real estate market can be challenging. When dealing with such high home values, hiring a professional […]
Selecting a real estate appraiser is a very important decision, especially since it is likely to involve one of the biggest purchases in most people’s lives. Paying a few hundred dollars for a pre-purchase appraisal to determine the fair market value can possibly save you thousands of dollars when it comes time to negotiate a […]
Do you need to know the fair market value of your home? As Essex county home appraisers for the past 13 years, American Realty Appraisals has become more and more familiar with the different cities and towns. Each municipality has its own character as well as a home value range. Even within a town, there […]
As a resident and someone who has worked as a Union County home appraiser for the past 13 years, I have become more and more familiar with the different cities and towns. Each municipality has its own character as well as a home value range. Even within a town, there are neighborhood pockets that may […]
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908-233-1337
908-233-1337