NachoPerito
Senior Member
- Joined
- Jul 25, 2012
- Professional Status
- Certified General Appraiser
- State
- Washington
for new construction I think the cost for the basement is consistently more accurate for an adjustment than paired sales or sensitivity analysis.
I am not talking about unique owner/user construction. I am appraising a house where they are building it for themselves and are spending 200% of market, but on spec homes the builders understand market demand and the components that buyers care about. If they don't then they will be looking for a different job real soon.
I am not talking about unique owner/user construction. I am appraising a house where they are building it for themselves and are spending 200% of market, but on spec homes the builders understand market demand and the components that buyers care about. If they don't then they will be looking for a different job real soon.