Appraisals are way less in depth and more of a quick look through and comparison to comparable sales to establish a value.I would be worried about whether or not the deal still works for you.

The debt was paid off yesterday and feel that it was a small amount in comparison to many other possibilities.

@Jay Hinrichs Do you have a formula you use on your projects for a percentage you'll pay for lot in comparison to construction or market value of home?

One that performs better than any other comparison company.

‘Hidden factors’ that increase valueFrontal curb exposure - is your house narrow or broad in comparison to others?

I’m projecting 9.6% to be safe but would like a real world point of comparison.

Thanks Allan,  I ran the numbers in comparison to the other estimates and it looks like my worst case scenario is paying the same as the other guys and best case is saving a couple thousand.  

We have the advantage of seeing side by side comparisons of the properties we manage and I tell my owners that the more updated properties go first and the less updated properties go last (shouldn't be a surprise) but it is also interesting to see that the updated properties will have an advantage over less updated properties even if the less updated property has an advantage such as a water view.

It's how much you make in comparison to how much you put in.

So, if you are under 59.5 years old, you may want to consider the account itself purchasing a property (with debt it sounds like) in comparison to distributing your retirement account and likely facing the early withdrawal penalty.