6/20/25

How Do Appraisers Handle Unique Properties That Have No Real Comps?

This is a great question. Appraisers have to get really creative and think outside of the box in unique property cases. Honing in on specific property features, location, and even looking back in time are all a part of handling unique properties that have no real comps. This oftentimes applies to rural properties, but not always!

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What Happens When the Appraisal Comes in Below the Contract Price?