- Jul 9, 2012
- Professional Status
- Certified Residential Appraiser
I recently appraised a property much higher than what it sold for a year ago. The sale was a normal transaction per multiple sources, I explained this. Minimal updates have been made, but the main accounting for the increase is apparent in the comparable sales ie, the current market. How can I elaborate on this increase without having to practically do a retro appraisal? Thanks!