Do appraisers consider square footage of a house in determining the appraised price more than time of recently sold homes?
For context, the house that we are under contract about 3000 ft.² and the only recent comes for same number of rooms and bathrooms in the area are much bigger at around 5000 ft.²
There are not many recently sold homes in the area.
Will they have to look back more than 6 months to find comparable homes or will they use the houses that are much bigger as comparable homes?
[link] [comments]
source https://www.reddit.com/r/RealEstate/comments/1w6bfww/do_appraisers_consider_square_footage_of_a_house/
Comments
Post a Comment