What’s My Property Worth? How Appraisers Determine Your Home's Value
In this episode of The Jones Zone, Host Darryl Jones is joined by a dear colleague, Andrew Kaluzny, who is seasoned in real estate appraisals. They discuss many topics on the minds of homeowners and he answers common questions that he sees surrounding the topic of home appraisals. If you have been wanting to learn more about appraisals or are looking to have your home appraised, this is an episode that you won’t want to miss!
Episode Highlights:
- How appraisers determine a property's value using sales comparisons and making adjustments based on property features
- Common misperceptions about appraisals - they are the same for sales and refinances, borrowers don't own the appraisal report
- Which home improvements add the most value
- Unique stories from Andrew's career - appraising a home with a private train track, one with a music venue and nightclub
Key Questions Asked:
- How do you determine the value of a property during the appraisal process?
- What factors have the most significant impact on a property evaluation?
- How do ADUs and converted garages factor into property value?
- What are the most common misconceptions about home appraisals?
Guest Information:
Andrew Kaluzny - Kaluzny Appraisal Group, Inc.
Phone: (714) 349-6535
akaluzny@att.net
Contact Darryl:
Darryl & JJ Jones Real Estate
Email: darrylandjj@gmail.com
Phone: (714) 713-4663
