Accessory dwelling not considered in appraisal
I am currently under contract on two dwellings on the same lot, both have been used for short term rentals. I received my appraisal back, and the appraiser didn’t consider the second dwelling (studio, no kitchen but bedroom and bathroom).
I have previous rental numbers on the studio, and am waiting on the listing agent to decide on rebuttal info. Has anyone had a similar problem, or know any creative fixes? Thank you for the help!
Most Popular Reply
It could mean no permits were pulled for that bathroom and is not registered on the county. At least, that's my guess. Some appraisers will still count it if they find it adds value to the property while others will go by the book.