How Baton Rouge Appraisers Think?

Real Estate Appraiser with Accurate Valuations Group, LLC LA St Certified 851

How Baton Rouge Home Appraisers Choose Comparable Sales?

Home Appraisers in Baton Rouge Are Required To Choose Comps Which “Bracket” Or Sandwich Several Features.  When I speak of "subject", the "subject" references the home being appraised. 

Sales Price 
Example: if sales price is $250,000, then we're using comps sold from below $250,000, say $240,000 or $245,000, and comps selling above $250,000, say from $255,000 to $265,000. 

If On A Busy Street, Other Sales On Busy Streets
If subject has a water front view, then including a comp or sale with similar water front view

Lot or Land Size

Example: If subject is 12 years old, then an Appraiser might use comps with 10 years old and 15 years old. 


Living Area Size
Example: If Home Is 2600sf, Appraisers Use Comps From Say 2400sf To 2900sf

# Of Bedrooms

# Of Bathrooms

Example: If Subject Has A Pool, Then A Comp With A Pool


How Baton Rouge Appraisers Think



NOTE: The term "How Appraisers Think" was first used by my Appraiser colleague and peer, Ryan Lundquist, at Sacramento Appraisal Blog.


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Doug Rogers
Bayou Properties - Alexandria, LA
Your Alexandria Louisiana Agent

Thanks for the clearly written piece. Going to share this from time to time!

Jul 10, 2016 10:08 PM #1
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Bill Cobb Appraiser

Greater Baton Rouge's Home Appraiser
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