Exactly. Appraisals are simply negotiating tools. Ya really like that $2million pool? Fork over the cash.
That house...is a lot. It's huge and clearly very luxurious but there is something off about it. Beautiful wooden floors though.
Not really. Depends on the kind of dough one’s got. Barely enough to build a mansion or make plenty of those.
%% NO/price for building big tends to go the other way/big up; even though a builder[ or commercial contractor] may get a price discount on materials with volume. Big apartments may get a better buy, but that's per apartment + varies anyway\location. Big land may get a better buy per acre, depending on location.......................... Zillow Quits Home flipping Business , cites inability to forecast prices.''[ WSJ-Fox Business] Taxes?? Varies greatly even when the appraiser gets it right. I get greenbelt lower taxes on mine \but that's for farm with profit plan.