Can New Construction Sales be Used in an Appraisal of an Older Home?
Birmingham Appraisal
MARCH 26, 2024
This decline in the number of houses sold in some areas has made it difficult to do appraisals because of the lack of comps. They wanted to know if it was okay to use new construction sales in an appraisal of an older home. Appraisal Process To answer this it’s important to understand the appraisal process.
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