Here's a clearer, more polished version of your message:I recently hired Class Valuation for the appraisal of a new construction home. At the time of the first appraisal, I made a note requesting the evaluation be done about a week and a half later, as the house was not yet completed. Specifically, the fence had not been installed, and the epoxy flooring in the garage had not been finished. Unfortunately, they conducted the appraisal two days earlier than planned, noting "No fence" since the fence hadn’t even been started, and marking the epoxy flooring as "to be completed."Following this initial appraisal, the home came in $20,000 under the purchase price.Frustrated, I reached out and requested a final appraisal after the fence and epoxy flooring were both completed, about a week and a half later. While I wasn't sure if the epoxy flooring would have a significant impact on the appraised value, I was confident the fence would increase the appraisal by approximately $5,000-$10,000, as that's roughly the cost to contract a fence. However, after the final appraisal, which acknowledged the completed fence and epoxy flooring, the appraiser assigned the same value as the first appraisal.I want to emphasize that my frustration isn't with the home’s appraised value coming in lower than expected—honestly, I anticipated this since not all design choices influence appraised value. What frustrates me is that, despite acknowledging their earlier oversight, the appraisers didn't revise their valuation accordingly. It feels as though they couldn't be bothered to adjust the appraisal, even after recognizing their mistake.While Im sure there are some good people who work there, it sounds like there are many people who do not care enough. In summary, I would not recommend them.[Update] - The appraiser’s only comment in the final report is that the fence *gate* was "... completed in accordance with the requirements and conditions stated in the original appraisal report." However, the original report explicitly states "no fence" and makes no other mention of a fence. It feels like the appraiser did not want to own up to their mistake.
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Class Appraisal, Inc. is a nationwide Appraisal Management Company located in Birmingham, Michigan. The company has earned a reputation for delivering outstanding customer service to some of the nation’s largest lenders and are ranked top AMC by the nat...