The "Commute: Cedar City to St. George" question comes up a lot during conversations with newly married couples and people looking for entry-level housing. The current lack of entry-level housing in Washington County leaves many families scrambling…
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We're once again approaching the St. George Parade of Homes a.k.a the grand tour of all the newest and best homes recently built. It allows builders and home owners a chance to show off their creations to the general public, while helping to…
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Accurity Valuation - Morley and McConkie has released their Economic Update Southern Utah Pre-Q1 2018. This issue covers a quick economic overview of Southern Utah, Nevada, and a Market Conditions Report for home owners.
In Utah as a whole,…
The Appraisal Standards Board has issued three new USPAP Q&A for January 2018. Looking at these questions in the context of recent new articles about 'drive-by appraisals' it is clear that the Board is addressing questions on this subject.
Question…
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An opinion of market value is an estimate of how much a property is worth in any given market. An opinion of value is reached by using one of three standard approaches:
The Cost Approach estimates what it would cost to replace or reproduce…
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The short answer is, "Yes!", it is possible for market value to differ from the actual cost of a property or from the contract price. If a buyer is super motivated to purchase a property and is willing to pay at, or above asking price this will…
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In a rapidly changing market, buyers and sellers are often surprised when the appraised value is higher or lower than expected. A higher value will not have an impact on the loan approval process, but a lower value can. The lower appraised value…
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If you watch a lot of HGTV you'll find all sorts of information on what makes a home more valuable. In reality it can come down to some basic and simple advice.
An appraisal is not simply an addition and subtraction of the costs put into…
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Cost of Commute: Cedar City to St. George
Appraisal Foundation announces new changes to appraiser qualification requirements
Southern Utah Prepares for St. George Parade of Homes 2018
Economic Update Southern Utah Pre-Q1 2018
Appraisal Standards Board issues new Q&As for January 2018
Video - Appraisal Home Inspection
How does an appraiser reach an “opinion of market value?”
Can “market value” be different than the contract price or cost of a property?
What if the value of my appraisal isn’t what I expected?
What increases the value of my home?