Also, would be interested in the age,square footage,and materials as a reason for the discrepancy between appraisal and reconstruction cost.People complain to me about reconstruction estimates on brick row homes, but to replace it at today’s material+labor prices (massively inflated and not at the bulk scale as when they threw up blocks of them) as well as bring it up to code (assuming Ordinance and Law Coverage) really is different than market value.

I try not to price out my good tenants unless its an extreme discrepancy and I can't cashflow. 

I am under contract on a home and there is a 550 sq footage discrepancy.

I purchased a home ~1 year ago as my primary residence. I was poking around and saw that on my property taxes, my square footage is listed at ~2400sqft. However, I checked my appraisal and they have me at closer to 28...

You also will ALWAYS have discrepancies in what the buyer thinks and what is industry standard.. these homes are not built in a clean room..

On my first rental property from a couple years back in San Antonio, I believed I was buying a 1250sf house, based on the Trulia listing. It was a rushed close, and I didn't receive the appraisal until afterward, when...

., I always start with: does the discrepancy change my view of the asset, or just the seller? 

Really those should not be comps if there is that much discrepancy between them and the subject property.

The walls on the lower and upper floors are identical but the appraisal has them differently sized owing to the size discrepancy. 

Can someone help me understand what this discrepancy actually means and what liability I am under should the Violation Status remain "Open".