Updated: Dec 2017 Real estate report by certified local appraiser Are you interested in learning about the current local real estate market or perhaps considering moving to or leaving Scotch Plains? The information below can be helpful for your own knowledge or with making decisions. I have lived in the Scotch Plains/Westfield area since 2005 […]
When I moved to Westfield in 2005 I was told NJ Transit would be done digging a new tunnel for a direct train line to NYC in 2017! Well, that didn’t happen but we can still hope for alternative options and perhaps see the home value appreciation similar to Summit and Short Hills when a […]
Thanks to Max Galka from Metrocosm.com who posted this very cool animated pic of the US counties and the land value of each county as compared to the land value of the whole country. Notice that the most value appears to be in the Northeast and west coast. This map can be mesmerizing looking […]
Can an automated valuation system like Zillow be considered accurate vs. an actual appraiser performing a full real estate appraisal? The results were surprising. I honestly thought Zillow would have been less accurate as a real estate valuation model. Overall, I took a small sampling of 17 appraisals that I recently completed. All of which […]
American Realty Appraisals has extensive experience in reviewing appraisals. Not only do we review appraisals from other appraisers for large banks and lenders, but all the appraisals from within our company are internally reviewed to assure accuracy and high quality. We have the knowledge and expertise to assess compliant reports under the Uniform Standards of […]
The real estate appraisal is a key component to any purchase or refinance transaction. Some people fear of the dreaded low appraisal, since it could essentially cause a deal to fall through, however there are a number of ways you can plan and prepare to make your home’s best impression. Before the appraiser arrives there […]
There are 3 approaches to value that are accepted in appraisal theory. The first and most commonly used is the sales comparison approach. After the appraiser inspects the subject property and gathers all of the data necessary, they will go back to the office and search on the MLS for similar properties that have sold […]
Click here to fill out a simple form to order an appraisal or feel free to call with questions. We can perform an appraisal on single family homes to 4 unit multi family dwellings.