All Forum Posts by: Adam Kays

Hello everyone!

When it comes to new construction vacation properties, how does the appraiser determine value if the home is somewhat unique or if there are few or no comparable homes in the region? For example, there may only be so many similar cabins within a 50-mile radius...

My obvious assumption is that the appraiser includes the raw value of the cost to build the home (eg, $300K for the land + structure). However, if the upfront cost comes out to $300/sq ft yet the closet comparable is going for $325 sq ft, can the appraiser give you that immediate bump in equity? 

Thanks in advance for any useful advice and information!

Great blog post! 

Hi all,

My fiance and I are avid hikers and she loves Shenandoah NP. We currently have 2 STRs and a LTR in Indiana, but I want to invest in the Rileyville/Bentonville area. Our strategy is to focus on places that we would love to travel to ourselves.

With this being my first out-of-state investment, I really need to find a team that can help us with funding for both the land and new construction and  contractors (we would have the building plans already).

Any help would be greatly appreciated!

Adam