Skip to content
×
PRO Members Get
Full Access
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime.
Level up your investing with Pro
Explore exclusive tools and resources to start, grow, or optimize your portfolio.
~$5,000+ potential annual savings on vetted partner products
10+ deal analysis calculators with ready-to-share reports
Lawyer-reviewed leases for every state ($99/package value)
Pro badge for priority visibility in the Forums

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Followed Discussions Followed Categories Followed People Followed Locations
Arkansas Real Estate Q&A Discussion Forum
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

User Stats

11
Posts
3
Votes
Katelyn B.
  • Rental Property Investor
  • Bentonville, AR
3
Votes |
11
Posts

Arkansas Appraisal Question

Katelyn B.
  • Rental Property Investor
  • Bentonville, AR
Posted

Hi everyone,

We ave rehabbed our second property and are about to refinance. We are currently living in it but plan to Airbnb or long term lease this property later this year. This is a 3/2 ranch with an attached 2 car garage.

We are still finishing cleaning up the garage - it is now insulated and painted and we will be epoxying the floor and likely adding a window A/C unit. I realize this may sound like overkill, but the garage was in awful shape and we live in a mountain biking tourist area. The garage will be used for mountain bike storage and as an area to work on them.

Our idea is to have this as a garage/livable rec room (see photos below for ideas). We want to keep the overhead door, and there are two windows. If the area is properly temperature controlled and up to code with smoke detectors, is there anything else we should do/know to influence how this is listed on the appraisal? Would it be better to be a garage or additional living space (460 sq. ft.)? 

Any advice would be greatly appreciated!

Katelyn

Loading replies...