The Fairfax House in Rock Hill

The Fairfax House in Rock Hill

  If you live in the St. Louis area then you are likely familiar with McKnight Road.  While it can be known for traffic jams that essentially lead to the “playground-filled, known for its’ Christmas lights” Tilles Park, you’d be surprised...
Price Per Square Foot

Price Per Square Foot

What is price per square foot? If you are looking for a home or have purchased a home you may be familiar with the term “price per square foot.” Many real estate professionals are focused on what a property is sold for on a per square foot basis.  When...
Sequence of Adjustments

Sequence of Adjustments

Appraisers go through a sequential adjustment process. It is important that adjustment are made in the proper order. First come transactional adjustments, followed by market condition adjustments, location adjustments and finally physical elements of comparison....
How Appraisers Determine Gross Living Area

How Appraisers Determine Gross Living Area

What is considered gross living area? There are generally 3 main criteria for what makes interior space count as living area. The space has to be heated, finished and accessible. To begin, the space has to be heated. The heat source has to be a conventional heating...