Challenging an Appraisal

[Sean Kelly]

Hi All, I recently rehabbed a home in metro Detroit and am utilizing the BRRR method. I'm in the process of challenging my appraisal as I feel the appraiser seriously limited the area in which he would consider a comp. The home is located in Ferndale which sits adjacent to Hazel Park. The issue I'm having is that area of Ferndale which the house is located in utilizes Hazel Park schools. The appraiser noted that Hazel Park Schools are inferior to Ferndale and therefore he will only select comps with the criteria, "located in Ferndale, but in the Hazel Park school district". This limits the comps to approximately one square half mile in which there are really no recently closed flips, rehabs, etc. on the MLS. Any thoughts on how I can address this with the appraiser? I was thinking he could just take this issue into consideration with an adjustment? If I remove the criteria he set, great comps come in just blocks away - many of which are higher than I even expected to refi for. Appreciate your time/comments!