Pamela Crowley (Florida)
Elite Member
- Joined
- Jan 13, 2002
- Professional Status
- Retired Appraiser
- State
- Florida
Slacker wrote:
I take it back. It sounds like you did do your homework and covered yourself quite well. Now please stop psychoanalyzing me. :roll:
I don't discuss religion. 0X
As it is, I did take Lee Ann's advice and I blew a call in to the realtor who told me that the bathroom entrance like the one in the subject was common for the neighborhood. Apparently, the guy who built this place did about 6 others in the neighborhood. One of my comps did have the same bath entrance and I couldn't notice any impact on value.
We kind of got off on the stair tangent so the bathroom issue went away. I mentioned that entrance in the report too.
In the end I had to make the decision of how much impact (if any) the bathroom and basement entrance had on the total value of the property. This joint had a price tag of $625k so with Dee Dee's estimate for a new entrance of a few thousand dollars and Mike's of about 6k we were talking about less than 1% of the total value of the property if it could have been done. I still don't think it could have. So in the end, there is really nothing "hanging over my head" as Pam put it.
I take it back. It sounds like you did do your homework and covered yourself quite well. Now please stop psychoanalyzing me. :roll:
