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Does anyone know of a way to estamate the appraisal value of a new construction (house and property)? What is the best way for someone who is not a realestate agent to do this?
When it comes to value - value is looked at two ways, what the owner thinks they can sell it for. The second way (what banks look at) is the value of the surrounding property.
Check out cyperhomes.com or zillow.com to see what the value of other houses are, this will give you an idea. Taking it a little bit further, contacting a Realtor and have them look up the value on MLS.
When it comes to value - value is looked at two ways, what the owner thinks they can sell it for. The second way (what banks look at) is the value of the surrounding property.
Check out cyperhomes.com or zillow.com to see what the value of other houses are, this will give you an idea. Taking it a little bit further, contacting a Realtor and have them look up the value on MLS.
Does anyone know of a way to estamate the appraisal value of a new construction (house and property)? What is the best way for someone who is not a realestate agent to do this?
The bank will order an appraisal based on "to be completed" vs. "as is". The appraiser gets a copy of your plans & specs and compares the home to be built to similar, near by properties that have sold in the last 6 months.
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Appraisal on New Construction
