Appraisal Institute announces that Jeremiah Manfra has been awarded the prestigious MAI membership designation.

The MAI membership designation is held by professionals who can provide a wide range of services relating to all types of real property, such as providing opinions of value, evaluations, review, consulting and advice regarding investment decisions, among others. Property types may include commercial, industrial, agricultural, residential, vacant land and others. Appraisers holding the MAI designation have met rigorous requirements relating to education, testing, experience and demonstration o...
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Angie’s List Super Service Award: Award reflects company’s consistently high level of customer service

G&J Manfra Real Estate Appraisals, Inc. Earns Esteemed 2016 Angie’s List Super Service Award Award reflects company’s consistently high level of customer service  G&J Manfra Real Estate Appraisals, Inc. has earned the home service industry’s coveted Angie’s List Super Service Award, reflecting an exemplary year of customer service to members of the local services marketplace and consumer review site in 2016. This achievement is particularly significant as Angie’s List experienced un...
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How to Prepare your Home for Appraisal

Upon deciding to sell your home, setting up an appraisal is one of the first few things you would do as it can help you determine the monetary value of your home. However, before you complete the appraisal, there are a few things you should do first! Check on all of your safety items. This includes, smoke detectors and carbon monoxide detectors. Be sure all are in working order, and have fresh batteries. Look through your home CAREFULLY. Try to take an eye that a home buyer would have, ...
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Is Massachusetts Is Entering a Seller’s Market

When it comes to selling or buying a home, many realtors and appraiser will tell you the biggest factors in a listing price are location, appliances, and number of room to bathroom ratio. While these are important factors, one of the uncontrollable variables is the condition of the local housing market. Recently reported by NECN, Massachusetts housing marketing has risen to one of the highest it has been in years. They reported “The median home price in Massachusetts is now $372,000, a new r...
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What You Should Know About Commercial Real Estate Appraisals

For small business owners, there's a lot of information to digest when it comes to commercial real estate appraisals. Though the appraisal process for commercial properties is the same as it is for residential; there are stark differences that you should be aware of. Here is a list of 5 things that you should keep in mind when inquiring about commercial real estate appraisals with a contrast to residential appraising. Not all real estate appraisers can work on a commercial assignment. Make sure ...
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The Three Methods of Appraising Commercial Property Value

  There are three traditional approaches typically available to develop indications of real property value: the cost, sales comparison, and income capitalization approaches. Cost Approach The cost approach is a summation approach. The approach develops separate values of the vacant site, site improvements, and the improvements. The value of the improvements developed by arriving at an opinion of cost new and then deducting accrued depreciation, which is the loss in value from physical,...
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The Accuracy of Zillow’s Zestimate

Within the past decade, the real estate market has seen a significant change in how homebuyers begin their search for a house. Real estate marketplace websites such as Zillow and Redfin have had an impact on the housing market. Now, homebuyers are more empowered to use these websites to extract information that they’ve deemed necessary to make an informed purchased on a property. It is estimated that 90 percent of home buyers now begin their research for a new property online. Automated Valuati...
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4 Reasons for a Home Appraisal

To determine the monetary value of a property, a homeowner would look for a home appraisal. A home appraisal can determine the fair market value of the property or what the house should sell for on the open market. Appraisals can also be used to determine the property tax that the homeowner would have to pay annually. For the purpose of buying or refinancing a property, most lenders will require the services of a professional appraiser. Here are four reasons why you may want to consider hiring a...
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Should Home Sellers Invest in a Pre-listing Appraisal?

There are some owners who choose to order a home appraisal prior to listing their house on the market to determine the best listing price. There is some speculation on whether or not this strategy would work. The fact is that depending on how the homeowner chooses to sell the house, the results of a pre-listing appraisal may differ. Sale by the owner: If the homeowner chooses not to utilize a real estate agency to sell their property, a pre-listing appraisal should be considered. An experience...
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How You Can Increase the Value of Your Home

The value of your home is not set in stone. For an estate appraisal, the value of a home may fluctuate based on many various factors such as the condition of the neighborhood, what the homes around the neighborhood are selling for during that time, how much the house was valued for during a specific time, and the condition of the house as it stands. To increase the value of your home, home improvement projects can be completed before the appraisal. On average, the cost of a home improvement p...
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