Real Estate Appraisal in Texas: What You Need to Know

A home in Austin Texas - digital art

A Real Estate Appraisal Finds the Market Value of a Property The Market Value of a property is the amount it should fetch if it were offered for sale when neither the buyer nor the seller are in distressed positions. Who Can Perform a Real Estate Appraisal in Texas? Only licensed Texas … [Read more...]

Approaches to Value: Real Estate Valuation and Appraisal

Approaches to Value in Real Estate Appraisals

Appraisers use three approaches to value in Apprasal Practice when determining the Market Value of a property:the Sales Comparison Approach, the Cost Approach and the Income Approach 1. The Sales Comparison Approach The most frequently-used and accepted approach to determining value in real … [Read more...]