By Tom Horn on Mar 09, 2021 

​This week I thought I would take a look at some of the questions I get asked by real estate agents. I hope that the answers that I have included here will help other agents as well. If you have a question that is not here please let me know and I would be glad to answer it for you.  Read More...

 By Tom Horn ​

While scanning the news headlines this week I ran across an article titled “What Is the Average Price per Square Foot for a Home — and Why Does It Matter?”Because I am an appraiser this caught my eye for various reasons.
The article pointed out that you can use the average price per square foot of the sales in the neighborhood to gauge whether you are getting a good deal when buying a house. I have a problem with this because it places too much emphasis on a stat that does not tell the whole story of a property’s value.  Read more...

Ryan Lundquist
10 Comments

Paying close attention to a property’s previous sale can be a big deal. I know it’s tempting to say value is all about the current market, but sometimes looking at the past can help us understand the present. Here are some reasons why I pay attention to previous sales. Any thoughts?

5 things to consider about a property’s previous sale:  READ MORE...

By Tom Horn

Time to complete an appraisal can varyThe most common question I get after leaving a home on an appraisal assignment is about how long it will take to complete an appraisal and get the report back. This is understandable since the owner or buyer is nervous and might worry that their house may not appraise for what they think it should.  The length of time it takes to complete an appraisal will vary depending on many factors which we’re going to discuss today.  Read more...

​January 25, 2016 By Ryan Lundquist 
​
Would you pay more for a house with higher ceilings? I probably would, but I guess it depends. The ceilings in my home are a standard 8 ft. Would I have paid more if they were 9 ft? Probably. But what about 23 ft? No, that would be too high.
Someone asked me a question recently about the value difference of ceiling height, and I thought kicking around some ideas here could open up a great discussion. Anything else you’d like to add? I’d love to hear your take.  READ MORE...