Liberty Park is an upscale subdivision located in the city of Vestavia Hills, Alabama. It is well recognized because of the Statue of Liberty replica that is located at its entrance. The statue was originally made for the Liberty National Life Insurance Company in downtown Birmingham, however in 1989 it was moved to its current [...]
Entries Tagged as 'home value'
10 years of sales in the Liberty Park subdivision of Vestavia Hills, Alabama
May 15th, 2012 by Tom Horn · No Comments · Appraisal, Market Trends
Tags:Alabama·home value·jefferson county·jefferson county appraiser·jefferson county market trend·liberty park·liberty park market trend·market trend·property value
What 5 Years of house sales can tell us about property values in the Highland Lakes subdivison of Shelby County Alabama
April 19th, 2012 by Tom Horn · 2 Comments · Appraisal, Market Trends
The Highland Lakes subdivision in Shelby County, Alabama is not unlike other neighborhoods around Birmingham. It has also been effected by the slowdown in the real estate market and the downward trend in property values. Over the past 5 years the total number of sales have decreased as well as the number of home sales [...]
Tags:Alabama·highland lake·home value·house value·inventory·market trend·Price trend·property value·shelby county
10 reasons NOT to get a pre-listing appraisal
February 8th, 2012 by Tom Horn · 10 Comments · Appraisal, Appraisal Tips, FSBO Tips, Realtor Tips
1. It costs too much money- Really? If you think about the fact that by pricing the home correctly you could cut the marketing time down and reduce marketing costs, this becomes a no brainer. In addition, the modest cost would probably not exceed future price reductions that you may need because it was priced [...]
Tags:Appraisal·Appraiser·CMA·fsbo·home value·house value·market analysis·marketing appraisals·pre-listing appraisal·Pre-Listing Appraisals in Birmingham·property value·Thomas Horn·Tom Horn·value estimate
Six years of sales activity in the Brook Highland subdivision, Shelby County, Alabama
January 23rd, 2012 by Tom Horn · 2 Comments · Appraisal, Market Trends
I like to share market data I get when I do appraisals in different areas. I’ve included sales from the Brook Highland subdivision in the Inverness area of north Shelby County. The sales are from January 2005 to December 2011. The graph charts the median sales price for each quarter for all seven years. The [...]
Tags:Alabama·brook highland·brook highland market trend·home value·market trend·property value·shelby county·shelby county appraiser·shelby county market trend
A Look At The Real Estate Market In Shelby County, AL Over The Past Two Years (2009-2010)
February 21st, 2011 by Tom Horn · No Comments · Market Trends
I often get asked, because I am a real estate appraiser, how the real estate market is holding up. I appraise in the Birmingham, AL metro area, including Shelby County Alabama. As most people know, the real estate market changes over time and also at different times of the year. To get a better idea [...]
Tags:Alabama·home value·house value·Market Trends·shelby county·Shelby County Alabama Market Trends
Shelby County Alabama Property Values Decline
May 23rd, 2010 by Tom Horn · 4 Comments · FSBO Tips, Market Trends, Property Taxes
Shelby County tax assessors recently released their latest reassessments for 2009 and the results revealed that property values have declined for the first time in many years. Both ends of the value spectrum have been affected. From starter home subdivisions like Ironwood to upscale neighborhoods like Greystone and Highland Lakes. According to the report 80% [...]
Tags:Alabama Property Values·home value·Home Values·house value·Market Trends·Shelby County Alabama Home Values·Shelby County Alabama Market Trends·Shelby County Tax Assessor·tbrander·Tom Brander
