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Updated over 5 years ago on . Most recent reply

User Stats

67
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4
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Joseph Brown
  • Rental Property Investor
  • Baltimore, MD
4
Votes |
67
Posts

Appraisals in Baltimore 21216

Joseph Brown
  • Rental Property Investor
  • Baltimore, MD
Posted

I purchased a home in west Baltimore around the corner from N West ave, 21216, for 14000. 3 bedroom 1 full bath and 3/4 bath in the Master bedroom. Another bedroom has its own terrace. Surrounding the property, which is located on W North Ave. are unrenovated homes listed at 10000-30000. Around the corner from my property an Identical house fully renovated sold in Feb 2019 for 127000. I want to cash out refinance pull the equity and start the process over. Can anybody tell me if i will get the appraisal value that i need. Will the comps be measured againts the unrenovated homes or the newly renovated one that sold in Feb for $127000. Thanks for any response.

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