My condo appraised 120k less, because doesn't have parking.

[Roberto Cordero]

Hi guys,

I'm actually selling my condo in Gaslamp qtr in Downtown San Diego. Accepted an offer through VA and the appraisal was 120k less from the asking price. The reason, just because it doesn't have parking. Not having parking will bring the price down that much? The appraisal is almost the same amount that I paid 2 yrs ago for the condo and I used VA. So, there is no way in life that appraised 120k less just because doesn't have parking.

I would like to know your feedback.