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Updated over 3 years ago on . Most recent reply

Camerron Feagin's profile image
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Camerron Feagin
  • Real Estate Agent
  • from Enterprise Al & Dothan, Al
  • Member since Nov 28, 2017
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Camerron Feagin's profile image
Camerron Feagin's profile image
Camerron Feagin
  • Real Estate Agent
  • from Enterprise Al & Dothan, Al
  • Member since Nov 28, 2017
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Camerron Feagin
  • Real Estate Agent
  • Enterprise Al & Dothan, Al
2
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30
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Buying & Selling Real Estate

Appaisal Comps 14 miles away

Camerron Feagin
  • Real Estate Agent
  • Enterprise Al & Dothan, Al
Posted

My appraiser used Comps over 14 miles away. Is this Wrong?

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Nick C.'s profile image
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Nick C.
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  • from Tampa, FL
  • Member since Oct 5, 2011
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Nick C.
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  • from Tampa, FL
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Nick C.
  • Specialist
  • Tampa, FL
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Nick C.
  • Specialist
  • Tampa, FL
Replied

Yes this is very wrong. Unless maybe your property is farm land, and there's nothing but farms for miles? In our area traveling a few blocks often makes a big difference, houses 14 miles away have no correlation at all. 

  • Nick C.
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