Friday, March 3, 2023

Appraisal History

Fair Market Appraisals

Hey there, my fellow Chicagoans! Fair Market Mike here, and I'm ready to take you on a wild ride through the history of real estate in our beloved city. 

Back in the 1800s, Chicago was just a small town with a big dream. People were snatching up land left and right, building homes and businesses faster than you could say "Chicago-style pizza." And with the opening of the Illinois and Michigan Canal, the city's population exploded like a deep-dish pizza exploding with cheese.


As Chicago grew, so did its real estate market. And let me tell you, there were some wild developments along the way. Take the "L" train, for example. It was like a rollercoaster through the city, and it transformed the way people could live and work in the Windy City. Of course, it also transformed the way people could hear each other, thanks to the screeching sound of the trains overhead.


But the real estate market wasn't all sunshine and rainbows. The Great Chicago Fire of 1871 destroyed much of the city's infrastructure, including many homes and businesses. But as the saying goes, when life gives you lemons, you make lemonade. And in Chicago, when life gave us fire, we built even taller buildings and sparked a new era of architecture.


Fast forward to today, and the real estate market in Chicago is hot. From Lincoln Park to the Loop, there's something for everyone. And as an appraiser, it's my job to make sure that every property is valued fairly and accurately, whether it's a charming bungalow or a sleek high-rise.

So there you have it, folks - a brief history of Chicago real estate. And if you need an appraisal, you know who to call - Fair Market Mike.



Need an appraisal in Chicagoland?

Let us show you how fast, easy and affordable it is to get you house appraised!

www.fairmarketappraisals.com


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