All Forum Posts by: Peter Amador

Hey @Peter Amador, I know this is an older post, but I am in this exact situation right now. Got an unthinkable appraisal for my home w/ attached ADU in SD. Check out my latest post to see the details. I'd be curious to know if you ever moved on this or you ended up doing?

Hey @Greg R.thanks for the note. We haven't gone through the appraisal process. We are using a home renovation loan which is tapping into existing equity of the primary house. Our ADU is going to be 1,100 sqft and detached. There have been a few recent home sales in the area with a ADU which have received favorable prices and hoping to use those as points of reference. Best of luck with your efforts!

1 Vote

San Diego, California

Originally posted by @Jonard Lopez:

@Peter Amador thank you so much. I will definitely give them a call this week this Monday. I already have spoken to Lars and multitaskr. But of course, I am still canvassing.

Good luck! Feel free to tell them I referred you.

1 Vote

San Diego, California

Originally posted by @Jonard Lopez:

@Peter Amador very interesting question. Unfortunately I cannot answer them for I am also thinking of doing a garage conversion this January. May I ask which contractor or company you went with? I have spoken to three companies already. Thank you

I am going with Murray Lampert. My top three were Murray Lampert, SD Casitas and ADU Geeks. Murray Lampert had the best option for me with their Design and Build team since I don't live in San Diego. SD Casitas offers design and build options too. They were great and it was a tough decision. I may have gone with SD Casitas if I lived in SD. ADU Geeks is a really good team and I think they might specialize in garage conversions. Would recommend giving them a call. Good luck with your efforts!

0 Votes

San Diego, California

Originally posted by @Brian Larson:

Good luck. From the posts that I have read on BP and Facebook, appraisals in California are all over the place.

In my personal situation, they appraised the ADU as an addition, even though it is detached and above a garage. And despite the fact that there are multiple duplexes on my street. It was pretty bad. I hope you have a better experience.

Thank you, Brian! It will be interesting to see what feedback I receive.

1 Vote

San Diego, California

Thanks, Jesse! Appreciate the feedback.

0 Votes

San Diego, California

Originally posted by @Jesse Rivera:

Comps will always be the biggest problem - finding comps that are similar that the appraiser can use. And it depends on how good the appraiser is as well. I would get with a GREAT realtor (I have referrals) that can find the comps, and don't be afraid to fight for your value, if you think the appraisal value is off. I've gone many rounds with appraisers. Won some and lost some.

0 Votes

San Diego, California

I am building an ADU on one of my rental properties and looking to maximize the appraisal value. The ADU will not be attached to the primary home and will have a separate entrance with parking.

How have appraisers been valuing stand-alone properties? For example, if comps for the primary home are $500 sq ft, are ADUs in the San Diego market being valued at $250 sq ft? I believe a duplex comp is most appropriate but I am trying to get an estimation on what the appraisal could come back under worse case scenarios. Any insights shared about ADU appraisals would be greatly appreciated. Thanks!

2 Votes

San Diego, California

All Forum Posts by: Peter Amador

Peter Amador has started 1 posts and replied 7 times.

Post: ADU Appraisal Value in San Diego

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