Market analysis and local expertise from Madison & Park Appraisal - serving Westchester County, Manhattan, and Greenwich CT.
Manhattan co-ops present unique appraisal challenges from share structures to board restrictions. Learn what makes cooperative apartment valuations different.
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A step-by-step guide for real estate agents on how to submit a successful Reconsideration of Value (ROV) when an appraisal comes in low.
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How CPAs and wealth managers navigate IRS Form 8283 and appraisal requirements when clients gift New York real estate.
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A breakdown of IRS requirements for qualified appraisals and qualified appraisers when filing an estate tax return.
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Greenwich waterfront estates require specialized appraisal methodology — from direct water access to land-to-improvement ratios. Learn how appraisers value Connecticut's most exclusive properties.
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Manhattan townhouses require specialized appraisal methodology — from land value allocation to FAR analysis. Learn how appraisers value this unique asset class.
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Expert analysis of Scarsdale's real estate market, appraisal methodology, property tax burden, and estate valuation challenges in one of Westchester's premier markets.
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Learn how Accessory Dwelling Units (ADUs) impact your Westchester property appraisal, from permitting challenges to determining contributory value.
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Understanding how New York's mansion tax affects high-end real estate transactions, pricing strategies, and appraisals in Manhattan and Westchester.
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There are real steps you can take before an appraiser arrives — and things that won't move the needle at all. Here's the practical checklist from an appraiser's perspective.
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Appraisal fees vary based on scope, complexity, property type, and geography — not home value. Here's what to expect for assignments in Westchester, Manhattan, and Greenwich CT.
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If your appraisal came in below expectations, you may have options. Here's how reconsideration of value works, when it succeeds, and what actually holds up against a lender or in court.
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Federal estate tax requires a qualified appraisal from a qualified appraiser — with specific standards for who can sign it and what it must contain. Here's what executors and estate attorneys need to know.
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Metro-North proximity can add or subtract tens of thousands from a home's value — depending on which side of the tracks you're on. How appraisers measure express vs. local access, the noise penalty, and why the transit adjustment matters in estate and divorce appraisals.
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Westchester has some of the highest property taxes in the country — and the gap between municipalities is significant. How appraisers handle tax differences between comparable sales, the distinction between assessed and market value, and the role of a certified appraisal in a tax grievance.
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How Metro-North station proximity affects home prices — the access premium, the noise penalty zone, express vs. local stops, and how appraisers measure the transit adjustment in estate and divorce work.
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Westchester has some of the highest property taxes in the country — and they vary sharply by municipality. How appraisers handle tax differences between comps, what assessed value actually means, and how a certified appraisal supports a tax grievance.
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Water views, park views, city skylines — how do appraisers actually put a number on them? A deep dive into paired sales analysis, view premiums, and why some views become the dominant value driver of a property.
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A $100K kitchen doesn't automatically add $100K to your appraisal. Learn how appraisers measure contributory value, what superadequacy means, and which renovations actually pay off.
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Functional obsolescence — value loss from deficiencies or superadequacies in the property itself — is one of the most commonly misunderstood concepts in residential appraisal. Here's how appraisers identify and measure it.
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Finished basements, converted attics, garage conversions — unpermitted work is common in Westchester County and older suburban markets. Here's exactly how appraisers handle it, and what homeowners should know.
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A home appraisal and a home inspection are two completely different things — and confusing them can cost you. Here's exactly what each one does, who orders it, and why both matter.
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A low appraisal doesn't have to kill your deal — but it changes the negotiation entirely. Here's exactly what happens, and what your options are as a buyer or seller.
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Your Zillow Zestimate and your certified appraisal often disagree — sometimes by tens of thousands of dollars. Here's exactly why, and which number actually matters.
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Wondering what a home appraiser checks during an inspection? Here's exactly what appraisers look for — inside, outside, and in the data — and how it affects your home's value.
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From Billionaires' Row to TriBeCa to the West Village, a deep look at where Manhattan's highest prices are found, what specific streets and buildings command them, and the economic forces behind it all.
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Every property is part land, part improvements—and each characteristic of the home represents a share of that improvement value. Learn how this framework is used to test whether appraisal adjustments, including GLA, are credible.
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Understand the critical difference between a retrospective Date of Death appraisal and a current market value appraisal—and why it matters for estate settlement, probate, and tax planning.
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What is a retrospective real estate appraisal? Learn how appraisers value property as of a past date for estate settlements, divorce proceedings, tax disputes, and litigation.
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From Tudor Revivals in Bronxville to Manhattan brownstones and Greenwich estates - how architectural style shapes value across our service area.
Read More →Egress, ceiling height, minimum size, privacy - the physical criteria that determine whether a room counts as a bedroom in a residential appraisal.
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Learn what ANSI measurement standards mean for your home appraisal, the rules for calculating square footage, and differences between single-family homes and condos.
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Eastchester's real estate market features diverse property types and distinct areas like Lake Isle. Learn what appraisers look for in this Westchester County market.
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An objective market analysis of the Upper West Side, including Lincoln Square, Manhattan Valley, supply/demand dynamics, and valuation trends.
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An in-depth look at Yonkers micro-neighborhoods, analyzing how zoning, topography, and architectural styles impact real estate appraisal values.
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Appraising real estate in Yonkers requires an understanding of its varied housing stock, waterfront developments, and complex zoning. We explore the specific valuation challenges in this diverse market.
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Learn what a Date of Death appraisal is, how it affects the step-up in cost basis, and why attorneys and accountants rely on our retrospective appraisal expertise.
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Learn the steps to grieve your property taxes in Westchester County, the odds of a reduction, and why a certified residential appraisal is critical to your success.
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Valuing high-value residential real estate in Greenwich, CT, requires precision for estate planning, probate, and marital dissolution. We break down the appraisal methodology for complex property assets.
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Co-ops and condos are legally and financially distinct - and they're valued differently. A certified appraiser breaks down what separates them and why it matters for estate, divorce, and financing appraisals.
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Mount Vernon holds a unique position in Westchester County's real estate landscape. Its historic significance and architectural diversity mean that properties here often require a nuanced approach.
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New Rochelle is one of the more complex appraisal assignments in Westchester County right now. A $4 billion downtown revitalization has reshaped how buyers think about the area - and created real challenges for accurate valuation.
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