Spotlight on Shively

Shively

Shively is a friendly and inviting area so you shouldn’t have any trouble fitting in. But what should a Louisville appraiser or anyone considering a real estate purchase there know? Here’s a brief neighborhood profile to give you an idea of what it’s like to live in Shively:

These are just a few things you should know about your potential new home. If you find this information interesting or useful, please like Choice Appraisal Services, LLC on Facebook and please support us by making Louisville real estate appraisal related comments on our blogs and YouTube videos.

Spotlight on Pleasure Ridge Park

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Pleasure Ridge Park is a friendly and inviting area so you shouldn’t have any trouble fitting in. But what should a Louisville appraiser or anyone considering a real estate purchase there know? Here’s a brief neighborhood profile to give you an idea of what it’s like to live in Pleasure Ridge Park:

These are just a few things you should know about your potential new home. If you find this information interesting or useful, please like Choice Appraisal Services, LLC on Facebook and please support us by making Louisville real estate appraisal related comments on our blogs and YouTube videos.

Property Valuation – Top 10 reasons to get one!

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A valuation is an educated and trained opinion on the value of the property. It is based on the highest and best use of real property. But what are the most important purposes of getting a valuation?

Here’s a video showing the top 10 reasons to get a property valuation:

If you find this information interesting or useful, please subscribe to this blog and like Choice Appraisal Services, LLC on Facebook. Also, please support us by making Louisville real estate appraisal related comments on our blogs and YouTube videos. If you need a Louisville, Kentucky area residential real estate appraisal services for any reason, please request an appraisal fee quote or book us to speak at your next event. We will do everything possible to assist you.
Thanks for reading,
Conrad Meertins, Jr.
www.choiceappraisals.org 502-309-2323

Certified Appraiser vs Licensed Appraiser – which one should I choose?

Conflict.

An appraisal is a professional appraiser’s opinion of value. It is usually required whenever real property is sold, mortgaged, taxed, insured, or developed. The preparation of an appraisal involves research into appropriate market areas; the assembly and analysis of information pertinent to a property; and the knowledge, experience, and professional judgment of the appraiser.

The role of the appraiser is to provide objective, impartial, and unbiased opinions about the value of real property. All states require appraisers to be state licensed or certified in order to provide appraisals to federally regulated lenders. But what’s the difference between a certified appraiser and a licensed appraiser? And which one should you use?

Check out the video below that explains the difference between a Certified Appraiser and a Licensed Appraiser:

If you find this information interesting or useful, please subscribe to this blog and like Choice Appraisal Services, LLC on Facebook. Also, please support us by making Louisville real estate appraisal related comments on our blogs and YouTube videos. If you need a Louisville, Kentucky area residential real estate appraisal services for any reason, please request an appraisal fee quote or book us to speak at your next event. We will do everything possible to assist you.
Thanks for reading,
Conrad Meertins, Jr.
www.choiceappraisals.org 502-309-2323

House Measurement Tip

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Here is a home measuring tip for all you house appraisers out there or anyone who just wants to measure a home that he or she has never been in before.

Sometimes we’re inclined just to measure the outside. For example, if it’s a 2 story house, we may just measure the exterior dimensions and multiply by 2.
This approach may work 9 out of 10 times.

However, on occasion, when we take a look inside, we realize that if we just measure the outside and multiply the first floor by two, our living area calculation may be wrong.

Take a look at the below video to see what I mean:

If you find this information interesting or useful, please subscribe to this blog and like Choice Appraisal Services, LLC on Facebook. Also, please support us by making Louisville real estate appraisal related comments on our blogs and YouTube videos. If you need a Louisville, Kentucky area residential real estate appraisal services for any reason, please request an appraisal fee quote or book us to speak at your next event. We will do everything possible to assist you.

Thanks for reading,
Conrad Meertins, Jr.
www.choiceappraisals.org 502-309-2323

Spotlight on St. Matthews

St. Matthews

What should a Louisville appraiser, or anyone considering a real estate purchase in St. Matthews, know about the area? Here’s a brief neighborhood profile article to give you an idea. It will also help you to know what it’s like to live in St. Matthews:

The video below video contains much of the same material if today is a day that you don’t feel much like reading:

St. Matthews is a city in Jefferson County, Kentucky, United States. It forms part of the Louisville Metro government but is separately incorporated as a home rule-class city. The population was 15,852 at the 2000 census, making it the 20th-largest city in the state.

History: St. Matthews was first settled in 1779 by Colonel John Floyd. Floyd had purchased the 2,000 acres of land that would later become St. Matthews from soldiers who had been awarded the land for their service in the French and Indian War. It wasn’t until the city began developing a shopping center there in the 1920s that St. Matthews started to become less rural. Growth of the area was expedited by Louisville’s flood of 1937 that encouraged many Louisville residents to relocate to higher ground.

Boundaries: St. Matthews’ boundaries are Cannons Lane to the west, I-264 to the south and east, and Brownsboro Road to the north, though a few neighborhoods just north of Brownsboro Road are also considered part of St. Matthews.

Demographics: Individuals living in Louisville’s East End typically have the highest median ages and incomes in the city. However, many young professionals and recent college graduates occupy apartments in St. Matthews.

Real Estate: St. Matthews attracts home buyers because of its excellent location, the gorgeous tree-lined streets, and the beautiful architecture found in the area. Homes in St. Matthews feature
park-like settings and classic cape cod homes.Most individuals living in single-family homes in St. Matthews are homeowners, and most renters occupy St. Matthews apartments.

Nearby Things to do: One can go to the several museums like Conrad – Caldwell House Museum, Frazier Historical Arms Museum, and Filson Museum. Tourists can also spend their free hours at the E.P. “Tom” Sawyer State Park and the Falls of the Ohio State Park, which offer many recreational facilities or they can enjoy the natural scenery of Weicher Creek.

These are just a few things you should know about the St. Matthews area. If you find this information interesting or helpful, please like Choice Appraisal Services, LLC on Facebook and please support us by making Louisville real estate appraisal related comments on our blogs and YouTube videos.

Tips on How to Prepare for Your House Appraisal

How to Prepare for an Appraisal

Whether you are considering putting your home on the market or simply planning to refinance your home, there isan important step that is often overlooked – preparing to put your home’s best impression forward before the big appraisal day. A home appraiser will check the general condition of your home to determine its market value. Anything that isbroken or needs replacement may be noted on the appraisal and may affect the value.

Check out the video below for some tips on what you candoas a homeowner in order to boost your home’s appraised value:

If you find this information interesting or useful, please subscribe to this blog and like Choice Appraisal Services, LLCon Facebook. In addition, please support usby making Louisville real estate appraisal related comments on our blogs and YouTube videos. If you need a Louisville, Kentucky area residential real estate appraisal services for any reason, please request an appraisal fee quote or book usto speak at your next event. We will do everything possible to assist you.

Thanks for reading,
Conrad Meertins, Jr.
www.choiceappraisals.org 502-309-2323

Does your House Appraisal Calculator Add Up?

Appraisal Calculator small

There are many tools available for the average person interested in buying or selling a home. The internet provides numerous resources for everything related to real estate – locating properties, viewing, listing, advice on buying and selling and even pricing calculators. A lot of homebuyers begin their search online to determine the value of their home. But how accurate are online appraisal calculators?

Check out our video below that explains the Home Appraisal Calculator.

If you find this information interesting or useful, please subscribe to this blog and like Choice Appraisal Services, LLC on Facebook. Also, please support us by making Louisville real estate appraisal related comments on our blogs and YouTube videos. If you need a Louisville, Kentucky area residential real estate appraisal services for any reason, please request an appraisal fee quote or book us to speak at your next event. We will do everything possible to assist you.
Thanks for reading,
Conrad Meertins, Jr.
www.choiceappraisals.org 502-309-2323

Septic Systems – What do home appraisers look for?

  

A lot of times I’m asked as an appraiser, when I come to a home and the home has a septic system, what is the appraiser looking for? Well there are three things that stand out:

One, the appraiser is looking to see if there is any observable evidence of septic system failure.

Another thing the appraiser has to know is, are septic systems common in the subject’s neighborhood? Are the homes that the appraiser is comparing the subject to determine value, do they also have septic systems?

And lastly, is a public sewer line hook-up available to the subject?
Those are just 3 things that relate to septic systems that appraisers often wanna know.

If you find this information interesting or useful, please subscribe to this blog and like Choice Appraisal Services, LLC on Facebook. Also, please support us by making Louisville real estate appraisal related comments on our blogs and YouTube videos. If you need a Louisville, Kentucky area residential real estate appraisal services for any reason, please request an appraisal fee quote or book us to speak at your next event. We will do everything possible to assist you.

Thanks for reading,
Conrad Meertins, Jr.
www.choiceappraisals.org 502-309-2323

THE TAX APPEAL PROCESS – MADE EASY!

Paying too much property tax

It’s been said that there are 2 sure things in life: death and taxes. The first one, death, is non-negotiable. However, regarding taxes (on our property) there’s good news! These can be appealed! But here’s a question, is a tax appeal something that:

A. only the rich do
B. is so hard to do that it’s not worth it
C. something that anyone is capable of doing

If you answered C, you are right!

But how does it work? Take a look at the video below that explains the first step. Or you can read
an excerpt from the Jefferson county PVA website (below the video)

Excerpt from Jefferson county PVA website: https://jeffersonpva.ky.gov/property-assessment/pva-online-conference/

“Step 1: Conference at the PVA Office
Under state law ( KRS 133.120) property owners who wish to contest their assessment must first hold a conference with the PVA Office during the annual Open Inspection Period (OIP). Each year the OIP begins on the first Monday in May and continues for a thirteen day period including two Saturdays.

Documentation that supports your opinion of value must be submitted during your online conference or mailed to the PVA within 24-hours of your online conference submission. Documentation submitted to the PVA will be considered the property of the PVA. Please retain a personal copy before submitting documentation.

While conferences with the PVA are usually informal, you may choose to have someone represent you. Anyone who is hired to represent you must submit a letter of authorization and must be an attorney, certified public accountant, certified real estate appraiser [a Louisville appraiser is often best], Kentucky licensed real estate broker, an employee of the property owner, or someone who holds a professional appraisal designation (see bottom of page) recognized by the Kentucky Department of Revenue.

For convenience, a telephone conference can be arranged for those with physical disabilities or other limitations if not conferencing by mail. If you schedule a telephone conference, a Conference Form, as well as any documentation that supports your opinion of value, must be mailed to us prior to your scheduled conference.”
-End of excerpt, brackets ours

The majority of people accept the outcome at the first level or step. However, if you are not satisfied with the outcome after the first step, then you have the option of moving to the second, if you are still not satisfied, you can then utilize the 3rd and final step (please see link above for 2nd and 3rd steps).

The one thing to remember is that appealing your property taxes is not as hard as you may think, and if you just don’t have the time you can easily have an authorized representative do it for you.

If you find this information interesting or useful, please subscribe to this blog and like Choice Appraisal Services, LLC on Facebook. Also, please support us by making Louisville real estate appraisal related comments on our blogs and YouTube videos. If you need a Louisville, Kentucky area residential real estate appraisal services for any reason, please request an appraisal fee quote or book us to speak at your next event. We will do everything possible to assist you.

Thanks for reading,
Conrad Meertins, Jr.
www.choiceappraisals.org 502-309-2323