Bakersfield Real Estate Appraisal - from an appraiser's point of view.

Appraiser's point of view of an appraisal completed in East Bakersfield.

I did an appraisal for a house in East Bakersfield in August 2007.

The home was built in 1950's and was an "oddball".

It had a main house that was 1000 sq ft and a guest house built on top of the garage that was 500 sq ft.

The main house had a basement and two bedrooms and 1 bath with a full kitchen and unfinished basement below with concrete floor and a fireplace.

After looking at the comparbales in the area I noticed there were very few homes that were similar.

But, I was able to find four comparables: two houses that have a main house without a guest house and two houses with a guest house.

The houses without a guest house sold for more money than the homes with guest house.

Appraiser's Comment: "If you have the option to buy a house with a guest house it's worth less than a property that has the same square footage without a guest house."

 

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