Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Mortgage Brokers & Lenders
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

Updated almost 10 years ago on . Most recent reply

User Stats

11
Posts
0
Votes
Michael Donatucci
  • Investor
  • Philadelphia, PA
0
Votes |
11
Posts

Ballpark appraisal adjustment for non finished basement

Michael Donatucci
  • Investor
  • Philadelphia, PA
Posted

Working on a 1200 SF 3 bed 1 bath rehab for buy and hold. There are a lot of similar sized 3 bed with 2 bath comps in the area selling for around $270K, but not any 3/1s - most flippers are finishing basement and adding second bath. I don't think the return will be there to finish basement and add bath since it's a rental - I'm curious to know what I can expect from appraisers as a valuation adjustment for not having the finished basement with bathroom. Any thoughts appreciated!

Loading replies...