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Updated over 7 years ago,

User Stats

640
Posts
457
Votes
Ryan Swan
  • Real Estate Agent
  • Phoenix, AZ
457
Votes |
640
Posts

Multi Family Appraisal

Ryan Swan
  • Real Estate Agent
  • Phoenix, AZ
Posted

Looking for people's experience with appraisers on small multi family properties (2-4 units). Will they tend to use the sales comparison approach or the income approach for valuation on residential multis? The reason I ask is I'm trying to determine if you can drive up the value of 2-4 unit multis simply by raising the rent vs making capital improvements. 

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