What About Those Fixer-Uppers? Insights from a Seasoned Appraiser
McKissock
OCTOBER 12, 2021
At some point it’s no longer “normal market value minus cost to cure equals as-is value.” I put on both my appraiser and remodeler hats, performed a detailed walk-thru, and priced out the cost to hire everything done, and the estimate is right at $90,000. Where’s the incentive for the investor?
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