How long did your pre-construction appraisal take?
It's been about a week since our "appraisal appointment" (the concept of an appraisal appointment made more sense to me when they were appraising an existing home) and since we're pretty anxious to get things moving, I'm wondering how long this typically takes?
We are building in the outer edges of the Twin Cities metro in MN, and there aren't a lot of comps for houses like ours (which is why we're building). We spent more than a year looking for an existing house, and I'm not sure we saw anything within 5 miles that would be considered a comp. Anything that has roughly the same finished square footage of what we're building is either in a development or 15+ years old or both, and they're almost all split levels, while we'll have an unfinished basement. Very very few have 4 bedrooms like we will. All of this is to say it might be reasonable for the appraiser to take a little longer than s/he would if we were building one of 4 possible house plans in a development, but I don't know how long.