Appraisal Information and Tutorials for Consumers

Who Can Order an Appraisal?

Icon Representing a Question about Ordering an Appraisal

Is Appraisal Ordering Restricted? In short, no. In reality, sometimes. Lenders Order Appraisals For Loans, But You Can, Too The basic rules of appraisal ordering: Anyone can order an appraisal on their own home for any reason, from any licensed appraiser. If the appraisal is for the purposes of re-financing, or purchasing a home, the [...]

Measuring Stairs for an Appraisal

Icon representing measuring stairs for an appraisal

How Are Stairs Measured for an Appraisal? I’ve noticed a bunch of keyword queries leading folks to our site wondering about how the square footage of stairs is calculated for an appraisal. Stairs Are Measured Twice, But Included Once When a house is measured for an appraisal, it is measured from the outside (if at [...]

What is Included in the Square Footage of a House?

Icon representing measuring stairs for an appraisal

When Measuring a House, What Counts? Not all of the space under your roof counts as living space from an appraiser’s perspective. Some spaces don’t count towards the measured square footage of a home. What Do Appraisers INCLUDE in the Square Footage of a House? Interior spaces that are conditioned spaces (heated, and cooled, if [...]

A Property Tax Assessment is not the same as a Property Appraisal

Icon Representing Property Tax Assessment

All About Tax Assessments Tax bill arrives and you have a heart attack. If your property is worth what the taxing district thinks it is worth, it’s time to SELL and retire to Aruba! If only. Tax Assessment and Market Value Differences Tax assessments fall into three categories: Low Plausible (somewhat close) High If you’re [...]

Determining the Value of Texas Waterfront Property

Simple-Comparison-for-Lakefront-Property

Waterfront Property: How is Value Determined? At the most basic level, the value of property, including waterfront property, is the price the market will bear. If you are considering purchasing (or selling) waterfront property, you need to read this article. When neither the buyer nor the seller are distressed (facing foreclosure or other undue financial [...]

Appraisal Tools for Property Appraisals

Icon of Toolbox Representing Appraisal Tools

The Best Appraisal Tools This year we have focused on integrating the newest and the best appraisal software and appraisal tools into our property appraisals business. We are enamored with the software products from a la mode. A la mode just gets it, and they are constantly refining their products to reflect the way appraisers [...]

Home Cost Per Square Foot: Not a Good Estimate of Value

Icon Representing Property Tax Assessment

What is a Home Worth? The Fallacy of Per Square Foot Pricing To suggest that the home cost per square foot of one home is the same as the average home price per square foot is to misunderstand market dynamics. These values may be somewhat close together in a new neighborhood of very similar homes [...]

The Value of a Garage Conversion

Icon Representing a Question about Ordering an Appraisal

Does a Converted Garage Add Value? A converted garage may add value to a home. The value added, however may not equal the amount spent on the conversion. Counting Garage Space as Interior Space For garage space to add value to a property at the same level as the other interior spaces, it should have [...]

Property Investors: Return on Investment – The Perfect Storm

Icon Representing Property Tax Assessment

Want the Secret to the Perfect Investment Property ROI? There isn’t any. Well, almost. The Perfect Storm for Property Investors Let’s talk about the perfect scenario for achieving a high return on your investment property (aka flip). If your project meets this criteria, your gamble might pay off (and yes, this is a gamble): You [...]

Home Improvements Return on Investment

Will Your Home Improvements Add Value? Are you considering updating or improving your home? Wondering if you will see a return on your investment (ROI)? If someone tells you that if you spend X, you will recover Y, they are wrong. That kind of certainty is not possible. Sometimes you will recover more, sometimes less. [...]

How do I Appeal My Property Tax Assessment?

A Property Tax Assessment May Not Reflect Fair Market Value Property tax assessments are not the same as property appraisals. A property tax assessment is what the taxing district thinks your home is worth, based on mass computerized data models. A property appraisal, in contrast, determines the fair market value of your home if it [...]

For Sale by Owner Guide

Do You Know How to FSBO? Some homeowners choose to try to sell their homes For Sale by Owner (FSBO, pronounced “Fizz-Bo”) before enlisting the assistance of a real estate agent. Although fewer than 25% of FSBOs properties sell, if you’re not in a hurry to move on to your next place, you can try [...]

An Appraisal for Your House in Texas

Icon Representing Property Tax Assessment

Concerned about Your Texas Property Value? Here at Appraisal IQ, we do a lot of research to find out what our customer want and need. If you can’t find us on the web, we can’t help you with your real estate appraisal problems or questions. Appraisal House Texas While researching what people are searching for, [...]

What is a Real Property Appraiser?

Image representing a Real Property Appraiser

Real Property Appraiser for Real Estate Appraisers determine the value of something. A real property appraiser determines the value of real property. The Definition of Real Property The terms real property, real estate and personal property are not interchangeable. Real estate is land, along with all of the things that are permanently attached to the [...]

Is a Free House Appraisal A Good Measure of Market Value?

Free Appraisals Are not a good Measure of House Value

A Free House Appraisal Sounds Great! Until you realize that the value provided by “instant” or “online” house valuation services isn’t a good indicator of the value of your home. Before you pop off this page, think for just a minute about what you really need. Are You Looking for the True Market Value of [...]