We again were appraised and it came back at 205 000.
Carpet garage appraisal forum.
Since that appraisal we completely finished above the garage which is attached to our home and entrance is through the breezeway via stairs.
At that point we were appraised at 181 000.
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In general where a home buyer is able to park their cars will influence the appraisal value.
We then added a two story 3 bay attached garage with partially finished 2nd floor.
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The appraiser is still required to note within the appraisal all the deficiencies with the property thus giving the underwriter the final say.
In practical terms that means what a real estate agent homeowner or buyer would call a 2 5 car garage is reported on the appraisal form as either a 2 car or 3 car garage.
A home with a 3 car garage will be appraised higher than a home with a 1 car garage with comparable features.
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