I’m doing some appraisal work in the Pleasant Grove, AL area this week and ran across some interesting sales trends. If you recall, a major tornado came through the Pleasant Grove area in April of 2011, causing catastrophic damage. Houses were totally destroyed and blown off of their foundations. Since then recovery has been slow. […]
Appraising In The Aftermath Of A Tornado-Birmingham, Alabama
January 30, 2012 By 4 Comments
How do you appraise a home that has been destroyed in a tornado? That is the question I got from a friend recently after I told him I had gotten some assignments in the storm devastated areas of Birmingham, Alabama. I thought that since he was curious about this that others may be also. I […]
Will The Pleasant Grove, Alabama Tornadoes Have an Impact On Property Values?
June 3, 2011 By 2 Comments
I was in Pleasant Grove, Alabama yesterday working on an appraisal for an insurance company. Everybody says that the pictures you see on television do not do justice to the magnitude of destruction these tornadoes caused, and I agree. Homes were ripped from their foundations and trees were uprooted as the massive tornado made its […]
The Value Of A House Is One Thing, The Value Of A Community Is Another
April 28, 2011 By 2 Comments
Wow. I am writing this one day after multiple deadly tornado’s travelled across several states, including my own state of Alabama, and which resulted in a record setting number of deaths and amount of destruction. We will not know the total number of lives lost until days or months from now. I write a lot […]
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