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How Will Hoover’s School Bus Decision Effect Real Estate Values? 11 Aug 2013 | 12:56 am
The Hoover, Alabama school system recently made a decision to end bus service to public schools starting in 2014. I don’t typically cover this type of news on my blog, however I starting thinking of t...
What items are NOT included in an appraisal? 7 Aug 2013 | 03:40 am
So have you ever had an appraisal made on your home and you thought the appraiser may have left something out? Was it some feature of your home that you found great value in and you could not understa...
A look at garden home price trends in the Clay/Chalkville area of Birmingham, AL 2 Aug 2013 | 12:21 am
National news would have you believe that home prices are increasing everywhere but that is just not the case. There are areas that are showing appreciation, however if you’ve been in real estate for ...
My 200th blog post, Wordcamp Birmingham, and a big Thank You 29 Jul 2013 | 07:06 pm
I thought I would share with you a small accomplishment of mine. I recently surpassed my 200th blog post for Birmingham Appraisal Blog. I know this is not a world record or anything like that, because...
Alabaster Home Sales Report Mid Year 2013 26 Jul 2013 | 07:46 pm
I’ve just been looking over the mid year real estate sales reports for the Alabaster area which includes the communities of Maylene and Saginaw. This is also known as area 272 in the Birmingham Multip...
Can an appraisal be used to arrive at an insurable amount? 23 Jul 2013 | 02:12 am
I got a question recently from a homeowner whose house I recently appraised for the purchase mortgage. They wanted to know if they could use the appraisal to determine how much the home should be insu...
8 questions appraisers hate to hear during the appraisal inspection 9 Jul 2013 | 12:05 am
During an appraisal inspection the appraiser meets with either the homeowner or possibly the listing agent if it is a home that is under contract. Many times we are asked questions about the house and...
Appraisal vs CMA vs BPO – What’s the difference? 1 Jul 2013 | 08:47 pm
Many people know what an appraisal is, and they’ve heard of a CMA (Comparative Market Analysis) and a BPO (Broker Price Opinion) but they don’t know the difference. Today I thought I would compare the...
Will Birmingham’s revitalization trend help property values? 10 Jun 2013 | 05:59 pm
Changes in the Birmingham Cityscape – In case you haven’t been paying attention good things are happening in Birmingham. There is a current trend in revitalization of the downtown area of Birmingham t...
When is price per square foot NOT a good indicator of market value? 5 Jun 2013 | 09:58 pm
A few days ago I had a real estate agent friend ask me how much homes were appraising for per square foot in a local neighborhood. It was a very good question, especially for anyone who wants to get a...