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Appraisal Articles is an Internet website dedicated to providing free information in the form of articles on appraisal and real property / real estate topics to appraisers and the public.  Authors are invited to contact us and submit related original articles for approval. 

Too Much Entertainment? I Don't Think So.

by Administrator on Oct 14, 2019 Market Conditions Articles 3 Views

With the announcement of the Madison Square Garden (MSG) Sphere you would think that the end of the world was coming to Las Vegas. Too much entertainment competition they say with the tens of thousands of seats being built. If you add 18,000 MSG Sphere seats to the 42,000 NFL Raider's seats to the NHL T-Mobile seats and possibly tens of thousands of planned Jackie Robinson NBA seats you have a lot of seats to fill. Personally the only problem I see with Las Vegas trying to fill all those seats is greed.

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BLM Land Auction Results

by Administrator on Sep 29, 2019 Market Conditions Articles 18 Views

I recently read a Las Vegas Sun Letter to the Editor entitle “BLM land sale is bad for Nevada” published on July 27, 2019. The letter by Emily Woods of Las Vegas noted that pristine lands “from the cliffs of Red Rock Canyon to the shores of Lake Tahoe – is shared by millions of visitors each year. Each day, I am struck by the beauty of nearby canyons, mountains and pristine desert, which harbor spectacular wildlife and limitless recreation.” She goes on to state that oil and gas drilling goals may destroy a wildlife corridor and fishing. I agree, this should be curtailed, but the BLM is doing more harm than that.

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Clark County Vacant Land Market September 2019 & Graphic

by Administrator on Sep 10, 2019 Market Conditions Articles 93 Views

This is a quick update of the southwest land market graphic, as you can see there are few changes even though there are areas with a stronger land market than others.

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Changing Report Conditions and Retrospective Values

by Administrator on Jul 27, 2019 Business Operation 39 Views

It’s relatively easy to find comparable sales for residential, MF residential and commercial properties through research via one of the many search engines, but what happens when you have to go back and research sales that are 2 years or even 5 years old? If you have built a database or if you subscribe to one that has historical information then you may be able to go back in its history relatively easily and find comparable properties from years before. If you are good you can pull up all of the sales from say the 12-month period before your date of value and review them. The GLVAR MLS even keeps the photos so you can not only look at the sales detail you can look at the exterior and interior photos of you comparable sales. That can give you a lot of confidence especially if you have that kind of data and photos on your subject.

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The Latest Automated Valuation Model (AVM) Claims 2019

by Administrator on Jul 26, 2019 Automated Valuation Models AVM 202 Views

Well I knew that sooner or later I would see the results of some AVM claiming a very high degree of confidence that it had estimated the market value of my home, and today someone actually did. My mortgage company sent me a home value estimate from www.Xome.com that claimed a 94% confidence that they have correctly estimated my home correctly. I have been a broker and a certified general appraiser for 40 years and I would be hesitant to make that claim, yet because www.Xome.com is using “investment-grade” analytics, whatever that is, they think that they can.

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Las Vegas Strip Appraisals

Aug 26, 2014 • 557 Views

Controlled Markets

Aug 15, 2012 • 1073 Views

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