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Pittsburgh Appraisal Blog - 412.831.1500

If you would like a source for interesting real estate related information, YOU have come to the right place! Timely and incisive Pittsburgh Appraisal Blog.

AI Appraisal Assistant for Realtors AI Appraisal Assistant for Realtors AI Appraisal Assistant for Realtors AI Appraisal Assistant for Realtors AI Appraisal Assistant for Realtors AI Appraisal Assistant for Realtors AI Appraisal Assistant for Realtors

AI Appraisal Assistant for Realtors

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AI Appraisal Assistant for Realtors

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AI Appraisal Assistant for Realtors

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AI Appraisal Assistant for Realtors

Pre-Listing Pre-Purchase or FSBO Appraisal. Whether you’re a homeowner selling your property on your own or a seasoned realtor trying to establish a fair list price it’s often difficult to sift through all of the market data to determine a true value for your home....

AI Appraisal Assistant for Realtors

Tax Assessment Appeal Appraisal. The best way to win an assessment appeal hearing is with a certified appraisal.

AI Appraisal Assistant for Realtors

Estate or Probate Appraisal. When an estate has a transfer of ownership due to death or inheritance, it is very common for a real estate appraisal to be needed for tax purposes....

AI Appraisal Assistant for Realtors

Divorce Appraisals. One or both parties should hire the services of a professional real estate appraiser to estimate the fair market value of the home. An appraisal for asset division should include a well-supported, professional report that’s defensible in court....

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Bostedo Appraisal Services AI Appraisal Assistant for Realtors

Welcome to Bostedo Appraisal Services’ AI Appraisal Assistant — the online resource designed exclusively for real estate agents and brokers.

Our AI Appraisal Assistant is built to help real estate professionals better understand the residential appraisal process, navigate common appraisal challenges, and support their clients with confidence during real estate transactions.

Key Benefits of Using Our AI Appraisal Assistant:

  • Learn the Basics of Real Estate Appraisals: Understand how appraisals work, why they are required, and how they impact home sales and purchases.
  • Get Practical, Real-World Answers: Clear explanations about appraisals, comparable sales (comps), adjustments, appraisal timelines, and common reasons for low appraisals.
  • Support Your Clients Better: Improve communication with your buyers and sellers regarding the appraisal process, helping to set the right expectations.
  • Stay Ethical and Compliant: Our AI never offers specific value opinions or advice on property pricing, ensuring you stay in line with real estate and appraisal regulations.

Important to Know:

  • This tool provides general information only. It does not offer appraisals, property valuations, or market trends for specific properties.
  • For property-specific questions, market value opinions, or expert consulting, please contact Bill Bostedo at 412-831-1500.

Access the Bostedo Appraisal Services AI Appraisal Assistant:

👉 Launch the AI Appraisal Assistant Here


Why Realtors Trust Bostedo Appraisal Services

At Bostedo Appraisal Services, we are committed to helping real estate agents and brokers succeed by offering accurate, objective, and professional appraisal services. Our AI Appraisal Assistant is just one more way we support the Realtor community with reliable, easy-to-understand information. If you need a professional appraisal or have questions about a specific property, call Bill Bostedo at 412-831-1500 or visit PennsylvaniaAppraisers.com.

Study of Life Expectancy of Home Components

February 17, 2018 by Bostedo Appraisal Services - Pittsburgh Appraisers

Study of Life Expectancy of Home Components

Study of Life Expectancy of Housing Components
Prepared by the Economics Group of NAHB

While this study may be older, considering the Financial collapse of 2008-2010, many lenders, manufactures and the economy as a whole were more focused on survival opposed to innovation. Under these catastrophic conditions that occurred, it makes this study as relevant today as it was at the time it was produced and for the foreseeable future.

[Note: This report should be used as a general guideline only. None of the information in this report should be interpreted as a representation, warranty or guarantee regarding the life expectancy or performance of any individual product or product line. Readers should not make buying decisions and/or product selections based solely on the information contained in this report.] As indicated, this is dated material but can be used as a generalization.

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7 Costly Mistakes First-Time House Flippers Make

March 25, 2017 by Bostedo Appraisal Services - Pittsburgh Appraisers

7 Costly Mistakes First-Time House Flippers MakePerforming a recent Pittsburgh appraisal, I thought a post on realtor.com was interesting. There was a recent realtor.com article 6 Costly Mistakes First-Time House Flippers Make. This article was interesting due to many of the situations I have seen considering we do work for many flippers. One in particularly that was NOT in the article which should have been and I will go over that later with a personal story.

I will include a link to the realtor.com article below. However, in the mean time, I will just briefly cover the 6 included and the 7th NOT included.

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How Fast Will My Home Sell? – Absorption Rate

January 2, 2016 by Bostedo Appraisal Services - Pittsburgh Appraisers

Absorption RateEver wonder how an appraiser knows how long your home will take to sell? Being an expert in your market makes us at Bostedo Appraisal Services the authority — the guys and gals everyone goes to when they have a complex question about real estate.

Well, allow me to introduce you to Absorption Rate. Before your mind wanders off into numbness, let me also tell you that this is one of the most practical metrics or measurements you can learn for your market or for you as a seller. Better than that, it will only take you a few minutes to learn it. It should be pointed out, although the manufacturing segment of the economy has been using this metric for decades, real estate, for the most part still doesn’t.

OK, so what is Absorption Rate? Simply put, (more…)

Pittsburgh Housing Trends

December 8, 2015 by Bostedo Appraisal Services - Pittsburgh Appraisers

Pittsburgh 3 year housing trendOver the years Pittsburgh housing trends have been fairly steady. In fact, it has been sort of a running gag when someone asks how much their home has appreciated the ‘off the cuff’ answer was always about 3% per year. It has been like this for decades. In fact, this phenomenon was one reason that Pittsburgh survived the housing bubble due to Pittsburgh housing trends not being in a bubble.

This post and the graphic to the left depicts only (more…)

Beware! Upside Down Builders

October 27, 2015 by Bostedo Appraisal Services - Pittsburgh Appraisers

 Beware! Upside Down Builders

upside down builders

I’m sure many of us have seen them and frankly, probably never gave it a second thought, the homes that were built upside down.

Well, upside down I guess is only a matter of opinion. You can call them just about anything, even contemporary will work. However, there is one thing you can’t get away from, why is there only 1 bedroom on the 1st floor and all the rest of the bedrooms are downstairs? (more…)

What Is TRID & How Will TRID Effect YOU!

October 6, 2015 by Bostedo Appraisal Services - Pittsburgh Appraisers

D-day is upon us. TRID-day that is.

Oct. 3 marks the effective date of the Consumer Financial Protection Bureau’s Know Before You Owe mortgage disclosure rule, also called the TILA-RESPA Integrated Disclosures rule or TRID.

Every residential real estate transaction now requires new loan documentation consisting of (more…)

Pittsburgh Appraisers Coal Town Find!

September 15, 2015 by Bostedo Appraisal Services - Pittsburgh Appraisers

Pittsburgh Appraisers Coal Town

As a Pittsburgh appraiser who services a 7 county region, when doing a Pittsburgh appraisal you run into many different things. Pittsburgh has such a rich coal mining history, in fact, so does all of southwestern Pennsylvania and West Virginia.

Over the years from the time when I was small, I was told about a bridge that spanned two hilltops where I use to live, and men use to push coal carts across. I was also told there (more…)

Pittsburgh Values: Single Family vs. Multi-Family

September 1, 2015 by Bostedo Appraisal Services - Pittsburgh Appraisers

Over the past number of years, I had the opportunity to appraise many 2-4 family properties in the Pittsburgh and surrounding areas for pre-listing, divorce, estate and other reasons. The reasons behind the appraisals are not the story; the story is why, and how, there was such a reversal of fortunes so to speak in the overall value of both single family residential, and multi-family (2-4 unit) properties. At this spot in the blog, I must point out that this is not only an issue in Pittsburgh, but the entire southwestern Pennsylvania region. (more…)

Don’t be fooled! Style vs. Ownership.

June 29, 2015 by Bostedo Appraisal Services - Pittsburgh Appraisers

Recently a Pittsburgh, Pennsylvania homeowner asked me to do a pre listing appraisal for them because a friend who is involved in Real Estate said they may have over improved their home, and they should see where they stand by getting an appraisal.

The property was a townhome style dwelling in condominium ownership. I arrived at the home and may I say, the property was beautiful, everything in it brand new and gorgeous. I will not go into great detail about the property because it will be coming onto the market and the actual renovations completed are a mute point.

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