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Updated over 4 years ago on . Most recent reply

Nick Macklin's profile image
Nick Macklin's profile image
Nick Macklin
  • Real Estate Agent
  • from Oak Harbor, WA
  • Member since Dec 19, 2016
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User Stats

129
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38
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Nick Macklin's profile image
Nick Macklin's profile image
Nick Macklin
  • Real Estate Agent
  • from Oak Harbor, WA
  • Member since Dec 19, 2016
Connect
Nick Macklin
  • Real Estate Agent
  • Oak Harbor, WA
38
Votes |
129
Posts
Jacksonville Real Estate Forum

Value added - Adding units to SFR

Nick Macklin
  • Real Estate Agent
  • Oak Harbor, WA
Posted

I was curious, from an appraisal standpoint, what people have seen when adding additional income producing units to single family homes.  Doing CMAs is pretty straight forward for a regular home but when you make a single family home 3 separate units the comps are tough to figure out.  Anyone have any experience with how much value can be expected by adding one or two units (i.e. converting an attached and detached garage into 1 BR apartments)?

  • Nick Macklin
    • Jacksonville, Florida
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