Birmingham Appraisal Blog

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Entries Tagged as 'house 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 [...]

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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 [...]

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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 [...]

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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% [...]

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