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Updated almost 5 years ago,

User Stats

109
Posts
73
Votes
Alex Smith
  • Investor
  • South Jersey
73
Votes |
109
Posts

Appraisal on Renovated Duplex

Alex Smith
  • Investor
  • South Jersey
Posted

Hey BP nation!

Back in 2016 we bought a top and bottom duplex. Since we have experienced a fire and literally renovated the entireeeee place...from electrical to plumbing to a new roof...new floors, bathrooms, etc. We bought the place for 79,900 and since have put about 45-50k into it. Tomorrow we have an appraiser coming and I really hope that his appraisal will reflect those #'s. 

I have prepared for him pictures of what the property previously looked like as well as some pictures of the renovation process. I have also put together a list of exactly when things were updated and what exactly was updated. I also have set out the original home inspection report from when we purchased the property. Am I allowed to give these things to the appraiser? Is he going to think I'm crazy or is this going to put him off?? I don't want to do the wrong things here but I also want to fight for my property because I know the quality of work that was put into it and that it's definitely no wheres close to what the property was 2-3 years ago when we bought it. 

Any input from people with appraisal experience would be greatly appreciated!

Thanks guys :)

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