Lamb Hanson Lamb Appraisal Associates, Inc has been providing real estate appraisal services for nearly a century, making us one of the most well know appraisal firms in the Pacific Northwest. Our timeless experience has not changed but our location has.     

              Come October 2009, Lamb Hanson Lamb Appraisal Associates, Inc will be located at

                                                                West Seattle Corporate Center

                                                          4025 Delridge Way SW, Ste 530

                                                                 Seattle, WA 98106.

                                                                               Our Services

In addition to residential and commercial appraising Lamb Hanson Lamb offers a variety of other services including, agricultural, consulting and litigation appraisals and reserve studies. We also work with a diverse range of clients made up of Government Agencies, Financial and Educational Institutions, Attorneys, CPA's, Retailers, Investors, Residential Homeowner and Commercial Property Owners.  

                             Please check out our website at www.lambhansonlamb.com

Our core competency is performing residential and commercial real estate appraisals. This has been our trick for nearly four generations. Historically, the real estate appraisal business has been a very durable industry considering the demand for our services run with certain marketplace inevitabilities that have provided a steady flow of business, such as at times of death, taxes and property transactions.

However, the way we perform real estate appraisals has changed several times in the last twenty years as a result of shifts in banking policy, legal regulations and new technology. I’ll focus mostly on technology, as that is the one issue I can influence and manage the most.

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An Interview with Patrick Lamb by Matt Meko (Instructor in Seattle)

MM: Patrick Lamb is 30, recently married, a Commercial Real Estate Appraiser and the Director of Business Development for his family business. He still has time to attend yoga class on a regular basis. What surprises me week after week is this big guy can do amazing things with his body. His practice has inspired me to continue doing postures “out of the box” because “it feels right to do”. Patrick really is a leader in many ways.

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Back for a second dose, huh? Well, here it comes in the form of another article. This time, we are going to address the selection of property that you are going to buy for development.

The first step is deciding what you would like for your development specialty. Single family homes? Office buildings? Neighborhood retail space? Residential lots? This is all up to you. You can be successful in any of these arenas if you are focused and stay on top of the game. Most of the readers will have heard the answer to the question "What are the three most important aspects of a piece of real estate?" In case you don't know the answer, here it is for absolutely no charge. 1: Location. 2: Location. 3: Location. It may well be a cliché but it's true, true, true. Lake Washington waterfront land was more valuable than Queen Anne Hill land, which was more valuable than Phinney Ridge land, which was more valuable than Woodinville land (assuming common zoning, of course) in 1970. It is still true in 2008. It will be true in 2025.

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During the course of their careers many real estate agents and professionals come to the understanding that real estate brokerage is really the facilitating of the transfer of wealth (real estate equity) from one party to another. On the other hand, the development of real estate (putting raw land to use, or putting land to a higher or better use) is in fact the creation of wealth. It is easy to jump to the conclusion that there is more profit in creating wealth than in transferring it. As a result, many agents decide to become developers. Sometimes, property owners and many others make a similar decision – to become a developer.

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Recently LambHansonLamb.com has gone through a major update to its website. We have moved from traditional website to a blogsite and we are really happy with its progress. There even has been some excitement from people in the office and they are wanting, and some have started, blogging to help bring awareness to our Seattle real estate appriasal website. We'll that is all for now.

This is my first blog post and right now there seems a lot to learn about it but from what I have been told it is the most effective way to connect with people. I was invited by my friend Toby, via invitation, and am excited to connect with other professional around Washington and the United States. Hope everyone is having a wonderful week and will talk to you all later.