Appraisal & Market Value

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Across
  1. 4. – Cost of building a similar structure today.
  2. 5. – What someone actually paid for a property.
  3. 6. – Agent’s method of estimating value using comps.
  4. 9. – Nicer home loses value near lower-value homes.
  5. 10. – A similar property used for estimating value.
  6. 13. – Value increase when two lots are combined.
Down
  1. 1. – When a home feature becomes outdated.
  2. 2. – Loss in value due to wear, age, or obsolescence.
  3. 3. – Value added by an upgrade or improvement.
  4. 5. – Lower-value home gains value near nicer homes.
  5. 7. – Expert estimate of property’s market value.
  6. 8. – What a property is worth in today’s market.
  7. 10. – How much it takes to build or replace a property.
  8. 11. – Act of combining two or more parcels.
  9. 12. – The current buying and selling environment.