- Apr 4, 2010
- Professional Status
- Certified Residential Appraiser
No.Has anyone ever used a property that they appraised for a refinance as a comparable? I thought I heard something about this some time ago but have never done it. I'm working on a report and the property next door I appraised in April and it would be my best comp, same outdoor amenities (pool, attached grill, extra covered patio, extended deck off main house, outdoor fireplace), same external influences (extra long backyard that backs to a creek, no neighbors behind it), smaller GLA and site size but they fit within my parameters. There is nothing in the neighborhood that would fit better or in surrounding neighborhoods and every other comp in the neighborhood is much smaller than what I would like to use. Any advise would be appreciated.