Question: What Factors Are Used To Appraise Home Value?
Answer: The market is one of the biggest factors – what are people currently paying, supply and demand, etc. The condition of the property is also a significant factor – has the property been well maintained, is there a lot of deferred maintenance, etc. These are the primary factors that influence home value.
Answered by: KPD Appraisals, Inc.
Categories: Appraisals Real Estate
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