Hidden Trace subdivision is located in Trussville, Alabama, which is a suburb on the northeast side of Birmingham. It was developed in the mid 1990’s and offers a variety of homes including garden homes built on a slab foundation as well as split foyers and two story traditionally designed homes. The subdivision is in close […]
Unraveling the demand for homes in Hidden Trace- Trussville, Alabama
December 10, 2013 By 4 Comments
Clearing the air- A look at exactly what real estate agents and appraisers can talk about
December 6, 2013 By 4 Comments
It seems there is still some confusion about what real estate agents and real estate appraisers can talk about. Many believe that there can be no discussion between the two and others still have no idea that it is unethical to suggest to an appraiser that a home should appraise for a certain amount. The […]
A look at architectural styles in the Chandalar subdivision of Pelham, Alabama
December 4, 2013 By 2 Comments
I recently did some appraisal work in the Chandalar subdivision in Pelham, Alabama and found the architectural styles very interesting. As an appraiser we study the floor plan design within a home and its functional utility, which looks at how well the floor plan flows. We also look at exterior design and how well it […]
What does the appraiser do when there are no comps?
November 26, 2013 By 107 Comments
A concerned agent called me the other day worried about what would happen if the appraiser could not find comps for a house that she was selling. I assured her that even though it looked like there were no comps, there probably were if you looked a little more. This provided a good opportunity to […]
Report shows that school bus transportation DOES have an impact on real estate values
November 22, 2013 By 2 Comments
I wrote a post recently about the decision by the Hoover school system to discontinue their bus service for students. I was interested in this because of the potential impact on property values within the Hoover market area. I wanted to follow up on that post to see what has been happening with this controversial […]
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