Artemis Fowl
Senior Member
- Joined
- Mar 16, 2004
- Professional Status
- Certified Residential Appraiser
- State
- Michigan
Doing appraisal for an appeal. Small retail warehousing/distribution property.
Comp #1 across the street - very similar
Comp #2 behind comp #1 on same street - very similar
Comp #3 inferior acreage, size and utility property purchased by Petitioner for same amount as their contention of subject value with a subsequent sale by Petitioner for 3x what they paid...and it's 2 parcels down from comp #1 on same street.
All of them supportive of our original value or even more.
It's usually not that easy. Ever have an assignment where everything just falls into place like that?
Comp #1 across the street - very similar
Comp #2 behind comp #1 on same street - very similar
Comp #3 inferior acreage, size and utility property purchased by Petitioner for same amount as their contention of subject value with a subsequent sale by Petitioner for 3x what they paid...and it's 2 parcels down from comp #1 on same street.
All of them supportive of our original value or even more.
It's usually not that easy. Ever have an assignment where everything just falls into place like that?
