I just recieved a copy of the appraisal being used for my refi and want to get opinions on the following situation. I have a 2 story home of 1350 sqft which was converted from a 3 bedroom to a 2 (large master suite). The appraiser choose only 2 bdrm homes for comps, but each comp was a 1 or 1.5 story with sqft ranging from 970 to 1100. The appraiser gave my home a positive value adjustment of roughly $15 per sqft to adjust for the square footage differences between subject and comps. My opinion is that $15 per sqft is very low and I'm looking for your opinions. Appraiser used $88 per sqft (Marshall Swift) for cost approach with 38% depreciation. This causes me to think $55 would be an appropriate square footage adjustment basis. My other thought is that appraiser should have considered 3 bdrm's as comps instead of limiting search to 2 bdrms. Home is in very high demand older (75 yrs) neighborhood with prices ranging from 190 to 250. My appraisal came in at 200 and I was hoping for 210-215. Thanks for any input.