Skip to content
×
PRO Members Get
Full Access
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime.
Level up your investing with Pro
Explore exclusive tools and resources to start, grow, or optimize your portfolio.
10+ investment analysis calculators
$1,000+/yr savings on landlord software
Lawyer-reviewed lease forms (annual only)
Unlimited access to the Forums

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Followed Discussions Followed Categories Followed People Followed Locations
Real Estate Agent
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
You must be logged in and allowed to do that

Updated almost 6 years ago on . Most recent reply

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 :)

Loading replies...