Since that appraisal we completely finished above the garage which is attached to our home and entrance is through the breezeway via stairs.
Carpet garage appraisal forum.
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Of course if the report stated a 3 car garage on what is generally accepted as a 2 5 car garage by other market participants then the report should contain a detailed.
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.
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We then added a two story 3 bay attached garage with partially finished 2nd floor.
We again were appraised and it came back at 205 000.
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A home with a 3 car garage will be appraised higher than a home with a 1 car garage with comparable features.
The appraiser is still required to note within the appraisal all the deficiencies with the property thus giving the underwriter the final say.
In general where a home buyer is able to park their cars will influence the appraisal value.
Worn dated or sagging carpet.
The size of the garage or if the home has a garage at all will also contribute to the home appraisal value.