Pushing Rope: It Property Appraisal Values, Stupid

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The estimated median county-wide increase for property values in 2018 is 28 percent, meaning about half of the homeowners in Fulton County could see their values rise to at least this level.

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Beware of Value-Killing Home Renovations By The. or basement lounge complete with a stripper pole and smoke machine are the sorts of extravagances that may not directly push down your home value, but eliminating that bedroom in the eyes of local assessors will decrease your home’s value.

Why do realtors always encourage sellers to lower their price? find answers to this and many other questions on Trulia Voices, a community for you to find and share local information. Get answers, and share your insights and experience.

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So it sounds like you are dealing with a USDA loan and not a FHA loan. But todays value of the property is whatever a similar home would be worth today. The borrower should provide you a copy of a letter from the USDA of exactly what is to be discussed and disclosed in your appraisal.

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Depreciation is the reduction in value of a property over time due to the particular wear and tear on the asset. Residential properties are depreciated over 27.5 years, while commercial properties are depreciated over 39 years. This reduction in value is a current expense, yet no money comes out of your pocket.