Crack the Code: 5 Factors That Determine Real Estate Value

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Analyze recent sales

Appraisers use recent sales of comparable properties in the area to determine the value of a property. This approach, known as the sales comparison approach, is one of the most common methods used in real estate appraisal.

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Consider property  condition

The location of a property can significantly impact its value. Appraisers consider factors such as proximity to schools, amenities, and transportation, as well as crime rates and zoning regulations.

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Evaluate location

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