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Updated 8 months ago,
Using Tax Assessments as Appraisal Comps
While obviously, tax assessments and home appraisals are two different things, they aren't supposed to be wildly divergent, right? Suppose I'm doing a BRRRR deal and my after renovation appraisal comes back significantly lower (eg ~10-20%) than the tax assessments on comparable properties, can I use that assessment as additional evidence to an appraiser that a bigger value is warranted?