Wow, can you believe that 2015 is over? For most Portland appraisers, it has been so busy that we can hardly remember the year. This is true for A Quality Appraisal as well.
In preparation for this blog post, I went back and skimmed all 45 of my blog posts for 2015. Like reading old appraisals,
some are not as great as others in retrospect. However, here are the five that I consider to be my top appraisal blog posts of 2015.
of R Squared in Real Estate Appraisal Linear Regression Now that statistics are becoming a normal part of real estate appraisal there
are some persistent myths. One such misconception is that the R squared statistic can tell you how accurate the regression model is at predicting an adjustment. This blog post is a simplified example of why this logic is incorrect. A statistics instructor
called me and asked if he could use this article in his class.
Value of Prior Sales in Real
Estate Appraisal Sometimes it is easy to think that an older prior sale of the subject is irrelevant in a current appraisal value.
However, prior sales of the subject property are historical evidence of how the market reacts to features, particularly useful if the subject is quite unique. This article shows one way that appraisers can use a dated prior sale to add support for a current
Appraisers Using Different Adjustments Can Reach the Same Value Opinion This blog post shows examples of how appraisers use qualitative
analysis in the appraisal process and how that process can help lead them to the most reasonable value conclusion, even if the adjustments differ from other appraisers or are incorrect. This article also demonstrates how qualitative analysis can provide a
less detailed appraisal product that appraisers sell to clients who do not need a full analysis or who do not require a preliminary number.
There may be
no Comparable Sales but there could be Value This blog post is an attempt to dispel the myth that if there are no comparable sales,
then there is no value or that appraisers cannot estimate a value. The example used in this post is PV solar, something that appraisers will be dealing with more and more in the future.
Portland Appraiser Upgrades
to Motion R12 Computer I am one of a growing number of appraisers who uses a Windows tablet in the field rather than an Android or
Apple device. Upgrading my Motion J3500 computer to the Motion R12 this past year was expensive, but also a great decision to keep current after five years with the J3500. This article explains features on the Motion R12 that make it a good choice for appraisers
in comparison to the more popular and less expensive Surface Pro (also a great choice for some appraisers).
Did I leave anything out or do you want to join in the conversation? Let me know in the comments below.
If you find this information interesting or useful, please
to this blog and like A Quality Appraisal, LLC on Facebook.
Also, please support us by making Portland real estate appraisal related comments on our blogs and YouTube
If you need Portland, Oregon area residential real estate appraisal services for any reason, please
request appraisal fee quote
or book us to speak
at your next event. We will do everything possible to assist you.
Thanks for reading,