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Working on an AS-IS/ARV appraisal report and my best comp that is a few houses down recently sold through a wholesaler. MLS states that the property sold for $115,000. County Tax Records state that the property sold for $99,000. Under the seller concession area on MLS the realtor states...
I just wanted to get some opinions on how other appraiser adjust for condition or for how many updates a property has. How do other appraiser adjust when an older property , perhaps 60 years old, but was updated say 10 years ago vs adjusting for a property that is only 15 years old and hasn't...
I have an appraiser I work with, he is in New York City, I am in San Diego. He is writing a report on a multi-level apartment building than I am reviewing. In his Sales Comparison approach he states 'he determined no adjustments were necessary' and his sales grid shows all zeros. Then, on a...
Would like advice how outbuildings are valued or adjustments are made for when a matched pair analysis can't be completed. With outbuildings varying so much in size, quality of materials, etc how do you come up with a adjustment.
Thank you.
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