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OK to average adjusted comps on appraisals?

Appraisal Today

The process took several years of securing building permits, and the house was completed in 2015. Because of local building regulations, reconstructing a property identical to this one would not only be expensive but nearly impossible. ”… Question 2: does the lending industry owe the appraiser a living?

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Must-Read Tips to Appraise, Buy, and Sell Special Purpose Property [2021]

The Robert Weiler Company

A Special Purpose Property Definition. Legally speaking, a special purpose property definition can be illustrated as any property that has limited use or marketability in addition to features intended for singular use. For instance, the property’s layout may be distinctive or it the building’s design one-of-a-kind.

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