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Market Conditions, Location, Zoning & Highest and Best Use

Aerial view of Greenwich Village in Manhattan with mid-rise residential buildings and the New York City skyline in the background

Greenwich Village Real Estate: A Comprehensive Guide to Manhattan’s Most Coveted Neighborhood

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 appraiser on-site for a home inspection.

The Role Of Real Estate Appraisers In New York’s Property Market

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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Falling property prices trend in NYC

Are NYC Property Prices Dropping?

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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Modern house with scenic mountain view

Is A House With A View Worth It?

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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Aerial view of a residential area.

What Is A Zoning Analysis?

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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Appraiser assessing land’s best potential to couple

What Is Highest And Best Use In Appraisal?

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 young woman working remotely from her house with a scenic view

How Much Value Does A View Add To A Property Home Valuation?

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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Appraisers are monitoring market trends for real estate

How Do Market Trends Affect Real Estate Appraisal?

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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Property appraisals concept

What Does Zoning Analysis Entail In Property Appraisals?

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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