Lexur News & Announcements

Will Home Appraisals Be Replaced by Technology?

Monday, July 31, 2017

The automation of jobs is not a new subject by any means. When it comes to robots taking over, the future of work, employment, and economy has always been a discussion. But while self-driving vehicles are in the current limelight, there’s another technological advancement that may hit the real estate market in an unexpected way: automated appraisers.

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The Importance of Core Values

Wednesday, May 31, 2017

At Lexur Appraisal, we firmly believe in sticking to our established set of core values and beliefs. Not only do they reflect the philosophy of our business, but they also guide our organization in the right direction. It’s these values that set us apart.


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How does Cloud Computing Benefit Me?

Wednesday, January 18, 2017

In our last article we discussed the often used and seldom understood cloud computing technology. Even if you understand what cloud computing is, you still may be wondering why it’s important to work with a company utilizing cloud services.
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What is Cloud Computing?

Friday, November 18, 2016

Cloud services are being utilized in nearly every imaginable industry, but the concept can be difficult to grasp.
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Key Terms in Real Estate Assessment

Monday, September 19, 2016

What is Property Assessment?

Property assessment for municipal governments is the process of establishing a monetary value of the property as related to taxation. The complex process is vital to the financial health of local governments. Generated from within the community, property tax helps to finance such local government services as garbage collection, water and sewer, parks and leisure and fire protection.

 

Assessed values of properties for tax purposes must be accurate so that the tax burden will be distributed fairly and the public will have confidence in the local tax administration.


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What you Need to Know About Commercial Real Estate Appraisal

Thursday, August 18, 2016

Small business owners have a lot to digest when it comes obtaining an appraisal on a piece of commercial real estate, a process that can differ significantly from residential appraisals. The main difference is that much of the value derived from a commercial building is based on the rental rates received relative to the expenses paid out.


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Landscaping Impacts Property Appraisals

Thursday, July 14, 2016

According to the Appraisal Institute, the nation’s largest professional association of real estate appraisers, well maintained landscapes can positively impact a property’s appraisal value.


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How Virtual Data Verification (VDV) Gives Us an Edge

Wednesday, May 11, 2016

The old adage is that time is money and it’s never been truer than in today’s economy where everything seems to move at the speed of light. The way we access and utilize information is completely different than it was even 20 years ago. When anyone can find out how many games the Reds won during the 1990 season (91) in the blink of an eye—or nearly any other statistic worth knowing, for that matter—our expectations for how long a task should take are forever changed.


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What is the Difference Between the Sexennial and Triennial Appraisals?

Sunday, April 17, 2016

Lexur Appraisal performs both sexennial appraisals (we offer a traditional approach as well as VDV and joint efforts) and triennial updates (for neighborhoods, sales validation, and radio studies). But what, essentially, is the difference?


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Defining Terminology: What are Geographical Information Systems and Who Uses Them?

Tuesday, March 15, 2016

While the field of computer-assisted mass appraisal is exciting—it’s on the cutting edge of technology that seeks bold and innovative solutions to issues that have plagued businesses for decades—it can also be frustrating. One example is the amount of technical jargon in play. When even commercial websites read like highly technical white pages, it can feel like you need a Ph.D. in information science to get through them. 
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