No. of Recommendations: 0
...but our house is small and the recent sales have been bigger homes.

This was part of our problem as well, one which we hope will disappear with our garage conversion to living space. There's a limit to how much a comp can be tweaked before it is disallowed. Though the appraiser did the build up approach you suggest, taking land value and what it would cost to build the existing structure, the banks wouldn't touch it.

Print the post  


Useful Resources
Our Home Center has all you need to make buying and owning a home a great experience. Get or refinance a mortgage and much more!
Buying/Selling a Home FAQ

Mortgage Professor
Offsite resource for mortgage questions.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.