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Updated almost 7 years ago on . Most recent reply
Can you get an Idea Appraised?
Hello, I am rookie investor. I am looking at building ADU's in a specific Denver neighborhood. I know that they would rent for far more than they cost. But I am curious how much contributory value they would add. The area i'm talking about is very unique. The homes are small and old. Some are 50 years old and 600 sq feet. I could add a brand new 864 sq' unit in the backyard. I want to know about how much this would sell for? Can i talk to an appraiser if I have no immediate plans? Or maybe an agent? What do you guys think?
Most Popular Reply
Originally posted by @Tanner Crawley:
Hello, I am rookie investor. I am looking at building ADU's in a specific Denver neighborhood. I know that they would rent for far more than they cost. But I am curious how much contributory value they would add. The area i'm talking about is very unique. The homes are small and old. Some are 50 years old and 600 sq feet. I could add a brand new 864 sq' unit in the backyard. I want to know about how much this would sell for? Can i talk to an appraiser if I have no immediate plans? Or maybe an agent? What do you guys think?
Pick up the phone and call and appraiser