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30
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2
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Camerron Feagin
  • Real Estate Agent
  • Enterprise Al & Dothan, AL
2
Votes |
30
Posts

Appaisal Comps 14 miles away

Camerron Feagin
  • Real Estate Agent
  • Enterprise Al & Dothan, AL
Posted

My appraiser used Comps over 14 miles away. Is this Wrong?

Most Popular Reply

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Nick C.
  • Investor
  • Tampa, FL
3,011
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2,347
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Nick C.
  • Investor
  • Tampa, FL
Replied

Yes this is very wrong. Unless maybe your property is farm land, and there's nothing but farms for miles? In our area traveling a few blocks often makes a big difference, houses 14 miles away have no correlation at all. 

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