What impacts appraisal?
Getting to final stages on custom build plans/contract/etc. We are concerned about the appraisal process. All lots in our area 5 to 10 acres. We have owned 10 acres for number of yrs. Many very large new custom homes being built in area so there are not sales comps per se for these homes.
What can we do to impact the appraisal - up or down - in our decision making process? Plan is done so square footage, baths/bdrs done. Contract is not finalized. Will allowances stated on contract impact the appraisal much?