Approved Living Area Appraisers are required in the normal course of business to accurately report improvements. Inclusive in the requirements is the overall square footage. This includes the “FEMA approved living area appraisal”. Depending on the scope of work, it is…
Appraising FEMA 50% Rule
Homeowners wishing to renovate, improve, update or otherwise upgrade their dwelling in Florida flood prone areas have an extra hurdle to cross. FEMA also known as Federal Emergency Management Agency has limitations that are administered by local jurisdictions. When a…
Increasing Value
Increasing Value Over the past several years I have tracked the value of improvements that were proven using Matched Pair Analysis. This is a situation where there are two nearly identically properties one with the improvement and one without. This…