Property appraisers determine the value of land from a cost approach, income approach and a sales comparison approach. Appraisers utilize features of each method and apply a standard rate to similar lots of land to develop a mass appraisal method.
A:In order to get free land in Alaska, a small community must be offering plots of land. The federal government no longer gives away free land and instead sells it at fair market value, but small communities are allowed to offer plots of their land in order to build their population.
A:One advantage of living in a suburban area is that it allows people to have more space. Additionally, many suburban areas have lower crime rates than areas closer to cities. Some suburbs have great schools as well.
A:To determine the age of a house, check property appraisal and tax records, look at the chain of the title, or inspect the electric meter or toilet. For very old houses, looking at how the house was built provides valuable clues to its age.
A:Good home staging tips for a first-time seller include decluttering, painting, updating bathrooms, tidying up the landscaping and depersonalizing the house. Nashville Property Search points out that the first impression a house for sale makes upon potential buyers is a lasting impression, so staging should focus on creating the best possible first impression.
A:The average American bedroom in new homes is between 120 and 150 square feet. Master bedrooms are typically much larger, averaging more than 200 square feet, without taking into account closet space or a bathroom.
A:A typical bathroom is about 40 square feet, which is big enough to accommodate a standard bathtub, sink, and toilet. At least 10 more square feet are needed if a standalone shower is included. Most North American houses built before 1980 had bathrooms that were 40 square feet or less.
A:While no hard-and-fast rules exist specifically governing young adults who live in their parents' home, family experts suggest several guidelines to make the situation run more smoothly for all concerned. The real trick for both the young adult in question and the parents he is living with is to balance the child's increasing maturity and need for freedom against old expectations and age-appropriate responsibilities.
A:Some ideas to give a home instant curb appeal include painting the door, shutters, or trim; upgrading the mailbox; installing new house numbers; planting a tree; replacing exterior light fixtures and installing flower boxes. These ideas are very cost effective. As of 2014, exterior paint costs about $25 a gallon, so painting the door, shutters or trim should not cost more than $100.
A:A gift of deed is a legally binding contract that transfers the ownership of a real estate property from one person to another, according to the Real Estate Lawyers. The donor, the person that gives the gift of deed, hires a real estate attorney to draft, review and file the necessary legal paperwork required to transfer the property to the donee, the person who receives the gift.
A:Property appraisers determine the value of land from a cost approach, income approach and a sales comparison approach. Appraisers utilize features of each method and apply a standard rate to similar lots of land to develop a mass appraisal method.
A:According to SFGate, the amount of rent that should be charged is dependent on the home's value. The typical rate for monthly rent is between 0.8 and 1.1 percent of the home's value. For example, a house worth $300,000 should have a rent ranging from $2,400 to $3,000 per month.
A:A detached house is a stand-alone residential structure that does not share outside walls with another house or building. Also called a separate house or a single-detached dwelling, a detached house is typically the most desirable single-family unit.
A:When someone is looking for a home to buy, she should ask about the price. How much did the seller pay, and how much does she still owe? Homebuyers should also find out how much similar homes in the area are selling for and if there are any other offers on the home. If there are multiple offers, any new offers must be competitive.
A:A double-wide trailer is a manufactured home that's twice as wide as the standard single-wide manufactured home. It looks like two single-wide trailers sitting side by side. These homes are built on a chassis according to standards set forth by the U.S. Department of Housing and Urban Development.
A:While the square footage may vary from unit to unit, one-bedroom apartments are generally larger than studio apartments. A studio is generally one single common room with a bathroom attached, while a one-bedroom apartment also includes a separate bedroom and kitchen area.
A:Tenants without leases continue to have rights when renting a property, including the right to occupy the home. State and local laws govern the rights of tenants without leases, so tenants must consult the statutes where they live.
A:A property developer is a professional in the sector of property development, also known as real estate development. The responsibilities of a property developer are numerous and may vary from one job to another.
A:A cottage is a small house, and it is often distinguished as a modest or cozy type of house with one or two stories. In the United States, the word "cottage" is sometimes used to describe a vacation home of even moderate size, but in the United Kingdom, referring to a home as a "cottage" typically means that the building uses traditional construction techniques rather than modern ones.