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Waiting on appraisal

So after 2 years my wife and I finally got a big accepted! It’s practically out forever home. 4br/3bth with a loft AND a separate office, screened in pool, and 3 car garage. Square footage comes in at 2996. I’m curious about the appraisal. Our offer was extremely aggressive we felt. 35k over asking + waiving appraisal (after 2 yrs and being beat by numerous cash deals we’d had enough essentially).

List price was 425 so we went 460. Essentially we priced at $153 sq ft. There are bigger homes nearby that have sold for around our price but they lack all the features we wanted be it the pool or 3 car garage or a 4/3 with no office. This just has a great blend of all the features we wanted . The big downside is being just under 3k sq ft where the others that sold for that price were 500-700 sq ft bigger than ours.

Our real estate agent and us agreed to start our bid with 455 then we upped it to 460. I’ve prepared for the appraiser to come in low but now as the the day is head my nervousness is climbing about the potential low. Our current house closes next Tuesday (sold 14k higher than we listed and is cash). If any appraisers can help me thru this it would be great.

P.s. home buying in this market suuucks

submitted by /u/aircrew85
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source https://www.reddit.com/r/RealEstate/comments/sxsp08/waiting_on_appraisal/
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