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  2. 8 home value estimator websites compared - AOL

    www.aol.com/finance/8-home-value-estimator...

    Zillow’s Zestimate is one of the best-known home value estimators out there, and like many of its competitors, all you need to use it is the home’s address. Per the company’s website, the ...

  3. Real estate appraisal - Wikipedia

    en.wikipedia.org/wiki/Real_estate_appraisal

    Both the residual method and the cost method would be grouped in the United States under the cost approach (see above). Under the current RICS Valuation Standards, the following bases of value are recognized: Market value (see PS 3.2); Market rent (see PS 3.3); Worth (investment value) (see PS 3.4); and; Fair value (see PS 3.5)

  4. The truth about no-appraisal home equity loans: What ... - AOL

    www.aol.com/finance/what-is-a-no-appraisal-home...

    AVMs analyze local sales data, property records and market trends to estimate the value of your home — similar to online value estimators like Zillow and Redfin, but with more detailed data.

  5. Highest and best use - Wikipedia

    en.wikipedia.org/wiki/Highest_and_best_use

    If the value of the commercial lot as vacant in "House B" exceeds the value of house as a residence as improved plus demolition costs, the overall highest and best use of this property would be the as vacant value of the commercial lot. For example, assume that "House B" has a value as a house of $200,000, and a site value as a commercial lot ...

  6. Extraordinary assumptions and hypothetical conditions

    en.wikipedia.org/wiki/Extraordinary_assumptions...

    A lender may be considering making a loan to finance the construction of a house and may need to know the value of the collateral that will result. The subject property is a vacant lot, but the client needs to know what the value of the lot is or would be or will be with a house (of certain described physical characteristics) constructed on it.

  7. Automated valuation model - Wikipedia

    en.wikipedia.org/wiki/Automated_valuation_model

    An Automated Valuation Model (AVM) is a system for the valuation of real estate that provides a value of a specified property at a specified date, using mathematical modelling techniques in an automated manner. [1] [2] AVMs are Statistical Valuation Methods

  8. New housing survey: Consumers are getting more confident as ...

    www.aol.com/finance/housing-survey-consumers...

    The percentage of consumers who think home prices will go up in the next year fell one percentage point to 38%, while 25% of survey respondents see them falling, and 36% think they’ll stay the same.

  9. Cost approach - Wikipedia

    en.wikipedia.org/wiki/Cost_approach

    Cost approach is a real estate appraisal valuation method used to price an individual property. [1] It is one of three methods, the others being market approach, or sales comparison approach , and income approach .

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