Market Conditions, Location, Zoning & Highest and Best Use

Nestled in the heart of Manhattan’s west side, Greenwich Village stands as one of New York City’s most distinctive and desirable neighborhoods. With its

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Real estate appraisers are state-licensed professionals who develop unbiased opinions of market value under USPAP (Uniform Standards of Professional Appraisal Practice), playing a critical

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NYC property prices are not dropping significantly. The median asking price reached $1.1 million in May 2025, showing a 2.3% year-over-year increase, with modest

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A house with a view is typically worth the investment, according to professional real estate appraisers who regularly evaluate these premium properties. Properties with

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Zoning analysis is a professional assessment that examines how local zoning regulations apply to a specific property, determining what can be built, how large

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Highest and best use (HBU) is a fundamental appraisal concept that determines the most profitable, legally permissible use of a property that will produce

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A view can increase property value by 1% to 80%, depending on the type of view, visibility, and exclusivity. Water views command the highest

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Market trends significantly impact real estate appraisals, with factors like supply and demand, interest rates, and economic conditions potentially causing property values to fluctuate

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Zoning analysis examines local land use regulations to determine how properties can be legally utilized, directly impacting property values and development potential. This critical

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