Change in square footage

[Amran Musaid]

I have a deal on the table right now and I’m not sure if I should close or walk away from the deal. It’s a duplex and the listing says that the property is 2100 sqft the purchase price is 165k. The appraisal came in a few days ago and it came back at 171k. The problem is the appraiser said that the property is only 1590 sqft. When I did my math I was basing it on the 2100 sqft so I thought I was getting a great deal when in fact it turns out that I’m getting a mediocre deal. Should I just walk away from this one?