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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: Reduced appraisals by AMC's and review appraisers Posted by jr on May 05, 2010 at 7:35 AM In Reply to: Re: Reduced appraisals by AMC's and review appraisers posted by Nick on May 04, 2010 at 10:09 PM : : : Granite and landscape doesn't automatically add 25k to the value of a home. : in some areas it adds 150k : e.g. 450k unimproved to 600k improved As an ex appraiser, I am curious to learn where Granite and Landscaping would add $150K to a property? It is what is common in the neighborhood. Since most of the rehabs/remodels had done the granite and landscaping I don't see anyway an appraiser would add that much value. Additions are the biggest upwards adjustments, not cosmetic work. Follow Ups: Re: Reduced appraisals by AMC's and review appraisers Nick 10:10 AM, 05/05/10 (2) Re: Reduced appraisals by AMC's and review appraisers jr 10:51 AM, 05/05/10 (1) Re: Reduced appraisals by AMC's and review appraisers Nick 2:10 AM, 05/06/10 (0) Post a Followup: Name : E-Mail : Subject : Comments: : : : : : Granite and landscape doesn't automatically add 25k to the value of a home. : : in some areas it adds 150k : : e.g. 450k unimproved to 600k improved : As an ex appraiser, I am curious to learn where Granite and Landscaping would add $150K to a property? It is what is common in the neighborhood. Since most of the rehabs/remodels had done the granite and landscaping I don't see anyway an appraiser would add that much value. Additions are the biggest upwards adjustments, not cosmetic work. [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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