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Coordinates: 29°51′43″N 95°26′46″W. Acres Homes Multi-Service Center. Acres Homes is a neighborhood located in northwest Houston, Texas. The 9-square-mile (23 km 2) mile area is loosely bounded by the city limits and West Gulf Bank Road to the north; Pinemont Drive to the south; North Shepherd Drive to the east; and Alabonson Drive to ...
A Uniform Residential Appraisal Report or URAR is one of the most common forms used in United States real estate appraisals. It was created to allow for standard reporting and analysis of single-family dwellings or single-family dwellings with an "accessory unit". It is also suitable for a building in a planned unit development (PUD) but is not ...
Uniform Standards of Professional Appraisal Practice ( USPAP) can be considered the quality control standards applicable for real property, personal property, intangible assets, and business valuation appraisal analysis and reports in the United States and its territories. USPAP, as it is commonly known, was first developed in the 1980s by a ...
The highest and best use of the site is to demolish the house and sell the site as a commercial lot. The market value would be $225,000 ($250,000 site value minus $25,000 demolition cost). However, if the demolition costs rose to $55,000, the highest and best use would be the existing residential use, because the value as a commercial lot (now ...
Area code (s) 281, 713, 832. GNIS feature ID. 1377174 [ 1] Clear Lake City is a master-planned community located in southeast Harris County, Texas, within the Bay Area of Greater Houston. It is the second-largest master-planned community in Houston – behind Kingwood. [citation needed] The majority of the community lies in the corporate limits ...
Real estate appraisal, property valuation or land valuation is the process of assessing the value of real property (usually market value).Real estate transactions often require appraisals because they occur infrequently and every property is unique (especially their condition, a key factor in valuation), unlike corporate stocks, which are traded daily and are identical (thus a centralized ...
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