Greece, New York

Rochester's Certified Appraisers Explain Comparable Sales Data for Appraisals February 12, 2016

Greece, Monroe
Rochester's Certified Appraisers Explain Comparable Sales Data for Appraisals , Greece, New York

Your first real estate acquisition is one of the biggest purchases you’ll make in your lifetime, whether it’s a residential property or a commercial property. Metro Appraisal Associates understands the importance of your property’s value; it’s the very basis for their appraisal service company. For more than 40 years, Metro Appraisal Associates has been serving the Greater Rochester, NY, area residents and businesses.

Through excellent service and fast, fair appraisals, Metro Appraisal Associates gives a reliable, objective appraisal and expert valuation on properties using a number of vital contributing factors that make up comparable sales data. These factors include the status and date of the comps, as well as proximity (depending on the type of neighborhood).

appraisals

So how does it work? The subject property provides the “starting point” for the comparable sales data. Acceptable neighborhood sales can vary in distance from the subject. Of course, the density of house sales can be a crucial factor in determining neighborhoods. Depending on who an appraisal company is performing the appraisal for, there may be specific guidelines that the appraisal company must adhere to for finding comparables.

With their years of experience and a knowledgeable network that spans the entire US, as well as Mexico, Canada, and the Caribbean, Metro Appraisal Associates can offer honest appraisals that are cost efficient and maximize your time as you’re dealing with the other aspects of owning a property.

Metro Appraisals Associates provides services for a variety of reasons and property needs, including bankruptcy appraisals, tax assessment reviews, PMI appraisals, refinancing, and more. If you’re in need of appraisal services from a company you can trust, contact Metro Appraisals Associates today by calling (585) 225-3042. To learn more about their appraisal services and who they serve, visit them online.

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