Lexur News & Announcements

Why Is A Good Real Estate Appraisal Important?

Wednesday, August 8, 2018

A real estate appraisal is a professionally calculated estimate of the financial value of a particular property. It can be an evaluation to establish the property’s market price for buying and selling purposes. A property appraisal is also conducted for other financial and legal purposes including taxation.
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Using Sales Comparison Approach for Real Estate Appraisal

Tuesday, June 5, 2018

Real estate transactions can be a long and exhaustive process. With multiple factors being evaluated and intermediaries involved, it gets quite a lot for a person to deal with. One of the most important components of the transaction is the real estate appraisal. The real estate appraisal is the overall estimation of the value of the property.
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3 Most Commonly Used Appraisal Techniques

Monday, April 9, 2018

The primary purpose of a well structured and efficient appraisal system is to achieve and better understand the information required for making particular real estate investment decisions consuming both capital and current costs.
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Using the Cost Approach for Real Estate Appraisals

Tuesday, February 6, 2018

Real estate investment is one of the biggest decisions a person makes in their life. It is not only the large amount of money that makes it a significant decision but also the emotions attached to it. People look forward to owning a house all their life and once they can, it’s crucial to be sure of every factor involved.
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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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