Carnivore
Elite Member
- Joined
- Jan 15, 2002
- Professional Status
- Certified Residential Appraiser
- State
- North Carolina
The house is in a Mobile home Subdivision in the western part of our county. The land is not worth much(maybe 60-70K.
The plans and specs according to the Trainee and the Appraisers trainee mill supervisor are good quality.
I donot know of any round house comps in my county, the county to the north and the county tothe west.
The dimwit trainee with his Supervisors stamp of approval used one NEW Transitional two story home, 1.7 acre and one 3 year old two story traditional on .86 acre from My neck of the woods. My area is the primest residential market area of the county. We are 15 miles from the subject.
The third comp he used a 8 year old two story transitional home on 1.8 acre from are 2nd best residential area(north east portion of county). Its about 15 miles from subject also.
TO Bob Ipock: S/D's are Southfork(area 6), Stonehaven(area 7) and 'The Mountain' area 7.
p.s. Bob, This guy has a unusual first name and he belongs to Gaston CC.
You know who he is.
OK fellas what do I do. They didn't hardly say anything. All one liners.
"its in a mobile home S/D" "The comps are from similar market segments"
No mention of external obs. No mention of over improvement. This list could go on and on.
They said the House is worth:
Cost $282,000
Market $259,000
I think I am in over my head.
The plans and specs according to the Trainee and the Appraisers trainee mill supervisor are good quality.
I donot know of any round house comps in my county, the county to the north and the county tothe west.
The dimwit trainee with his Supervisors stamp of approval used one NEW Transitional two story home, 1.7 acre and one 3 year old two story traditional on .86 acre from My neck of the woods. My area is the primest residential market area of the county. We are 15 miles from the subject.
The third comp he used a 8 year old two story transitional home on 1.8 acre from are 2nd best residential area(north east portion of county). Its about 15 miles from subject also.
TO Bob Ipock: S/D's are Southfork(area 6), Stonehaven(area 7) and 'The Mountain' area 7.
p.s. Bob, This guy has a unusual first name and he belongs to Gaston CC.
You know who he is.
OK fellas what do I do. They didn't hardly say anything. All one liners.
"its in a mobile home S/D" "The comps are from similar market segments"
No mention of external obs. No mention of over improvement. This list could go on and on.
They said the House is worth:
Cost $282,000
Market $259,000
I think I am in over my head.