Hubby wouldn't let me email my venting over really bad service and a low appraisal on a 2-flat. Here are 2 of my comments. Am I out of line in thinking this appraisal was bogus?

The reason for using 3 comps is to get a ballpark. Since none of them are actually in the same town, going with the lowest seems inappropriate and that an average of $125,667 should be used. What is the purpose of having 3 comps if you are only really going to use one of them to determine the value?

Everything the appraiser has said and done indicates that the value of the property is more than $110k he concluded. He indicates between $114,200 and $126,735 in all of the detail. If you take the average of $114,200 cost approach or approx $130,000 with the CORRECT sq ft, $125,667 comparable sales and $126,735 income approach, that is a value of $122,201. Again, what is the purpose of doing all three approaches if you are just going to use the lowest?

Our home also just appraised low from wrong sq ft.