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Carmel Real Estate Appraising Articles
Two years ago when we bought the house it appraised for $203,000. With a fair rate of 1.8% increase in property value in a very good neighborhood and school district our appraisals should of been around $206,600. Our Realtor reports have comparable housing between $205,000-$220,000.
She reported our house at an insulting $196,000, which was $9,000 less than the other appraiser causing our average value to drop $5,000. She literally cost us $5,000.
Unfortunately, there were no reviews online for us to measure this business. Hopefully this review will help someone else in the future to avoid a potential costly mistake.
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